Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: Monty Lenard who wrote (1002)	4/25/2002 10:00:00 AM
From: TechTrader42	of 1487

It's very close to the 200 right now, and the S&P CI is bottoming out, so a bounce is possible. BUT: The Dow broke below the 200 at one point -- 5 points below. Not a good sign at all. Shouldn't have done that, ya know. Take a look at what happened to the Naz when it broke under support earlier this week. The Dow could head to 9796 area. And on the weekly chart, there's even the 9500s. I'd like to see the ST S&P CI close near 0. ST Naz CI: 29.421 62.348 MT Naz CI: 23.916 50.682 LT Naz CI: 64.954 77.283 ST S&P CI: 1.691 17.528 MT S&P CI: 1.643 16.993 LT S&P CI: 56.652 65.520

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