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

To: Chris who wrote (28081)	1/22/2002 10:19:50 AM
From: Chris	Respond to of 52237

naz compx needs to hold friday's low.. horizontal support crucial and clear.

To: Chris who wrote (28081)	1/22/2002 10:20:24 AM
From: Chris	Read Replies (1) \| Respond to of 52237

lol, cnbc mentions wmt for me ;)

To: Chris who wrote (28081)	1/22/2002 6:29:39 PM
From: TechTrader42	Respond to of 52237

Trending down, that is. Of course, any suggestion that that the market is trending down once again will be promptly derided by the perma-bulls, who can't face the possibility that they've witnessed yet another bear market rally, not the start of a new bull market. Here are the complacency indexes. They're still very complacent in the long term, but oversold in the short term. Maybe they'll close near 0 in the short term before long, and there will be a bounce. ST Naz CI: 19.597, 46.703 MT Naz CI: 35.302, 53.894 LT Naz CI: 88.941, 92.119 ST S&P CI: 10.278, 31.389 MT S&P CI: 10.278, 31.389 LT S&P CI: 90.886, 93.030 I don't see any solid buy signals yet, but the market can bounce at any time. The longer-term trend is clearly down.