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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who wrote (1290)5/17/2002 6:21:07 PM
From: ajtj99  Read Replies (1) of 1487
 
Thanks for the CI's, Brooke. Another way of looking at these is that the MT and LT CI's are mid-range due to the extreme oversold situation and options related activity. I would tend to view this as a blip in the midst of a pretty strong drive down.

I have to congratulate the MM's for doing a great job of wrecking havoc in charts and minds this week. That's what their job is all about.
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