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Strategies & Market Trends : Complacency Indexes -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (512)	2/15/2002 4:14:36 PM
From: TechTrader42	Respond to of 1487

After the close: ST Naz CI: 69.905 99.155 MT Naz CI: 69.905 99.155 LT Naz CI: 90.471 99.776 ST S&P CI: 71.184 85.419 MT S&P CI: 70.838 85.419 LT S&P CI: 87.173 94.964

To: TechTrader42 who wrote (512)	2/15/2002 4:16:53 PM
From: William JH	Read Replies (1) \| Respond to of 1487

>>And sure enough, she attributed the lack of buying in part to the long weekend.<< I am waiting for Maria to explain why it is any less dangerous to be short over a long weekend. Sort of like the retail sales pump job CNBC does, if sales are down, it's because of bad weather. Or if the weather has been good, sales are down because the weather has been good and no one wants to shop. I really enjoy reading your posts.

To: TechTrader42 who wrote (512)	2/19/2002 2:40:34 AM
From: Psycho-Social	Read Replies (1) \| Respond to of 1487

"when the S&P was down 9, Maria said it was down "fractionally": I thought I was the only one who noticed that. It would appear that some of the CNBC commentators don't understand the difference between an index at 10,000 showing a 9pt change, and an index at 1200 showing a 9pt change. It would also appear that some of them don't understand some of the terms they use!

To: TechTrader42 who wrote (512)	2/19/2002 1:49:37 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 1487

On other matters, when the S&P was down 9, Maria said it was down "fractionally." 9/(1000 + x), is a fraction, luckily for Maria. (x > 0, but I don't recall its exact value then). It's interesting that Euclid is your guru. The story goes that an Italian gambling couple who loved to play Euchre had migrated to Greece because their little son loved Aris turtles. Well, they had a neighbour who would always steal the top off their box of Euchre cards, after they played a game of Euchre. The morning after a night of Euchre reveling it was not uncommon to hear the wife waving her plump little fists and screaming over the neighbour's fence "Basta! You Ptolemy you did not take the Euchre lid, but you did!". Years later, they named their second son Euchrelid (or Euclid, for short), and their neighbours (the godparents) gave them a box with a non-detachable lid for their cards. This is how Euclid became interested in the geometry of shapes, starting out with rectangular boxes. It was all in the cards. But that is another story. J :)