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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject5/22/2002 5:06:42 PM
From: TechTrader42  Read Replies (1) of 1487
 
In overbought territory again in the ST:

ST Naz CI: 73.371 74.286
MT Naz CI: 56.864 55.131
LT Naz CI: 44.646 45.165

ST S&P CI: 72.522 58.435
MT S&P CI: 75.580 63.060
LT S&P CI: 73.937 66.606

The market was actually up on a rumor that more suckers were needed during the latest distribution phase. The institutions wanted to get out at better prices.
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