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Strategies & Market Trends : Complacency Indexes
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To: Paul Shread who wrote (1204)5/10/2002 11:40:55 AM
From: TechTrader42  Read Replies (1) of 1487
 
You be careful. The Naz up vol/dn vol looks bad. Take a look at them apples. Down leads up by about 4 to 1.

The Naz ST CI hit 0 earlier intraday. That usually means a quick sucker bounce and another attempt at 0 intraday, followed by other attempts. It is not by any means a reliable buy signal.

Anyway, you know what yer doin', and you use stops. QLGC is a dangerous one, to be sure -- a live wire.
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