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Strategies & Market Trends : Complacency Indexes

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To: Monty Lenard who wrote (998)4/25/2002 9:50:30 AM
From: TechTrader42   of 1487
 
I've had my eye on GM as a possible short, and sold a long position a couple of days ago.

The Dow and S&P might bottom out soon, and GM could rally again. MM-type charts would seem to indicate that it could go to 68.75, or even higher. I don't think it's a sure thing as a short yet. But who knows? It ain't listenin' to me.

ST Naz CI: 36.738 62.348
MT Naz CI: 29.864 50.682
LT Naz CI: 67.694 77.283

ST S&P CI: 3.930 17.528
MT S&P CI: 3.814 16.993
LT S&P CI: 58.914 65.520
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