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Strategies & Market Trends : Complacency Indexes
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To: ajtj99 who wrote (1293)5/17/2002 8:20:54 PM
From: TechTrader42  Read Replies (1) of 1487
 
I think the MT and LT Naz CI's show there's more room to the upside, AJ. The S&P is more questionable.

In any case, the numbers may have been misleading because of expiration.

And once again, I want to thank the moderators for tossing you into a pit and hurling stones at you. Now the gurus can proceed unmolested (or molested, if they desire).

I'll be cutting back on trading for the next couple of days. My work has shown that there's often less movement in prices on weekends. Trading activity seems to move out of the cyclicals into unknown sectors. I'll have to check to see whether utilities are active on weekends. And I'll be spending some quality time in the ward's common room, if permitted.

Here's a link to some revealing charts:

astroenergetics.com
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