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Strategies & Market Trends : Complacency Indexes

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To: ajtj99 who wrote (1090)4/29/2002 8:24:09 PM
From: Monty Lenard   of 1487
 
I think there are too many people anticipating a bounce, so the indices need to be taken down to show them who's boss

I think you are dead on there. Everyone has already called the bottom. They have been referring to in on tv, cnbs, the threads, the whole world, in the past tense. I suspect the majority will be proven wrong.

As Jessie Livermore said the 1st and last 1/8 are the most expensive one will ever own.

Monty
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