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

To: JRI who wrote (11028)	7/5/2001 4:34:12 PM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

I didn't post Tuesday's numbers until this afternoon, JRI. It wasn't really an oversight. I'd stated recently which way I thought the market was headed, and the latest Complacency Index numbers only confirmed that view. I calculate the indexes with daily data with an Excel spreadsheet each evening. I don't always post the results, since I don't want to bore people with them. It's not a hindsight trading system, funnily enough. The sell signals were there earlier this week. I ain't just lookin' back and saying they were there. What can I say? Every blind pig finds an acorn once in a while. The system sure isn't infallible. And I could still be wrong this time around. I don't have today's data downloaded yet, but the Complacency indexes fell today -- I can tell you that based on how the Naz and S&P fared. That means the Complacency indexes are in a downtrend. Whether they'll reverse is another question entirely. I don't claim to be able to predict the market. I claim that I can't predict it. Indexes, schmindexes. Sometimes they're helpful; sometimes they're not.