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Strategies & Market Trends : Complacency Indexes

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To: Monty Lenard who wrote (955)	4/24/2002 4:12:02 PM
From: TechTrader42	Read Replies (1) of 1487

There was even the sucker bounce, Monty. It's amazing how that works, once support is broken through. People are so incrediby credulous -- and oligophrenic, I might add. The bulls came out of hiding this morning and had their hides whupped, once again. Maybe some will develop into opsimaths. Doubtful, though. The CI's show that there could be a lot more downside for the Naz. ST Naz CI: 62.348 66.159 MT Naz CI: 50.682 53.779 LT Naz CI: 77.283 78.710 ST S&P CI: 16.404 29.888 MT S&P CI: 15.904 28.976 LT S&P CI: 65.068 70.498

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