SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (11245)7/10/2001 9:42:16 AM
From: TechTrader42  Read Replies (3) | Respond to of 52237
 
The complacency index for the S&P was 28.5 yesterday after the close, down from 33.1 the day before. While it was still in a downtrend, values under 30 indicate that the market is oversold.

For the Naz, the CI was 43.9 yesterday, down from 47.7. That's not quite in oversold territory yet, but the CI has turned in this area. It continues to be somewhat undecided here, with no firm signal. It could still move in either direction, I think.