Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	4/29/2002 1:12:38 PM
From: TechTrader42	of 1487

For the S&P, the Nov. low of 1053.61 is now within the realm of possibility. If that didn't hold, there'd be the Oct. low of 998. After that, Sept.: 944.75. The S&P is oversold in the short term, but it could still move lower. The Naz is also oversold in the ST. A lot of buy signals traders are seeing face the possibility of being "negated," because support levels have failed for the indexes. ST Naz CI: 14.634 30.945 MT Naz CI: 14.634 25.959 LT Naz CI: 59.418 65.525 ST S&P CI: 5.882 1.916 MT S&P CI: 5.882 1.916 LT S&P CI: 43.710 47.783 And so on and so forth. Your credit card has been billed.

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