Complacency Indexes Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Complacency Indexes

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Monty Lenard who wrote (1163)	5/6/2002 3:52:43 PM
From: TechTrader42	Read Replies (2) of 1487

When the support levels failed once again last week, it was a lost cause. But of course, the failure of support was just a fake, to stop out the timid traders. You should know that. The permabulls told us that not long ago. ST Naz CI: 0.000 9.905 MT Naz CI: 0.000 9.905 LT Naz CI: 27.055 42.580 ST S&P CI: 34.033 50.817 MT S&P CI: 29.712 44.764 LT S&P CI: 50.136 60.543 The SPX isn't even oversold (below 30) in the ST. Makes one wonder about the 1053 support level for the SPX. Another lost cause? The Naz is oversold and looking at support in the 1558 area, but with the SPX dragging it down, who knows? Don't forget to buy each and every dip and hold for the long term, Monty.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next