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Strategies & Market Trends : Complacency Indexes
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To: Paul Shread who wrote (1065)4/26/2002 4:37:55 PM
From: TechTrader42   of 1487
 
Paul: They're at 100 for the ST and LT for the HUI, seriously. Using MM-type levels, the HUI would be at the 8/8, I think, at 112.5. There is a possibility it could go to 115.625. If the levels didn't shift, it would be in danger of falling. It'll be interesting to see whether it can break through 115.625.

But that's all just TA. To make this note conform to generally accepted standards, I have to add some insulting anti-permabear remarks. How dare you look at the HUI, you *&%$#@ permabear!!! What's wrong with tech stocks????? Aren't you buying telecoms at the bottom??? Why you &^%$# &^%$!!!
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