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


To: Nazbuster who wrote (26584)12/27/2001 8:01:47 PM
From: rocklobster  Respond to of 52237
 
Unfortunately, the CI's are a "complacency index" which is proprietary and can't be shared. If she told us she might have to kill us if you get my drift. Very old school stuff I might add. However, it seems to me that CI's work something like the VIX. when Complacency gets high...eg low vix or complacency gets low....eg high vix it seems that a countertrend move becomes more probable.

However Brooke won't predict because she's always wrong..hehehe...

just my two cents'.. p.s. when you offer someone a "penny for their thoughts" and they "put in their two cents" where does the other penny go?...

rok



To: Nazbuster who wrote (26584)12/27/2001 8:45:18 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
MacRandy: Subject 51633

They're nothin' special. Like rocklobster said, they work like the VIX and VXN, basically, except in reverse. They reflect demand for puts & calls. They've been somewhat reliable as contrary indicators at extremes. There's always the danger, though, that breakouts can occur at extremes, instead of reversals. I have no idea what'll happen this time.

A friend just sent a set of E-Wave charts, and the daily and weekly charts would seem to indicate the exact opposite. Both say Wave 4's, but in opposite directions, hilariously enough.