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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject6/13/2002 10:01:53 AM
From: TechTrader42   of 1487
 
The CI's have turned back down intraday. Not encouraging. If they close down, the direction will have turned back to the downside (a sell signal). In a word, whipsaws. The BKX confirms the downward trend. The transports are showing divergence, moving up. A murky picture.
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