Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who wrote (1471)	7/25/2002 7:01:08 AM
From: bob wallace	of 1487

yes, there should have been some real good signals on the SPX. interestlingly enough, the CI's on the Naz have not posted a buy signal in quite some time, since 7/10. and, as it turns out, that doesn't seem to be to bad a signal... a very good BB signal was given 7/23 (two closes in a row below the band plus drops each day over 2%) _ I guess the SPX must have had at least 3 closes below the BB if we are lucky and this backs off for a couple of days, we may have a good rally - of course with futures down this AM, I guess we can look forward to another rally day today, which I will probably short

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