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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (10019)	6/23/2001 6:19:04 PM
From: TechTrader42	Respond to of 52237

There have been instances in which complacency (based on volatility) was high and the Nasdaq did move higher. On May 14, for example, complacency was at 83, and AG cut rates May 15. The market's upturn didn't last all that long, however. The expected rate cut next week is the reason for the current complacency, no doubt. The chart stomper linked to may indicate whether the mood is justified. schaefferresearch.com The best move after a rate cut seems to have been in early January, and that was a surprise announcement (Jan. 3). Complacency at that time was at 23.9 the day before the announcement, and jumped to 84.6 the day after the announcement. Before the Jan. 31 announcment at a scheduled meeting, complacency was at 78.7. The market went down from that point. Complacency was at 6.4 April 6. That's when the market started back up again. These remarks have been collected in a series of popular pamphlets and are available to the public for only $499.99, plus postage and handling. Offer void in the U.S., Canada and Mexico.