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


To: TechTrader42 who wrote (631)3/5/2002 10:39:17 AM
From: TechTrader42  Read Replies (2) | Respond to of 1487
 
The CI's now suggest a possible reversal in trend (after most of the shorts have capitulated, natch):

ST Naz CI: 89.181 98.950
MT Naz CI: 90.568 99.084
LT Naz CI: 96.716 99.681

ST S&P CI: 78.595 87.745
MT S&P CI: 82.128 89.768
LT S&P CI: 92.397 95.647

Dangerous seas out there. My ship is in port, needing a new mast and some work on the hull -- not to mention a coat of paint.

In the last few days, we've lost nearly 10,000 paying subscribers. We'll make every effort to continue billing them, however.

At this point, one possible course might be to wait for the CI's to all hit 100 and then short it (the market) to h. Or, if they don't hit 100 (if the reversal is already in progress), wait for 0 in the ST and load up on longs. Or: Renounce trading and all worldly goods.

In hindsight, btw, all the CI's signals were good ones. I'm too lazy to revise all my past notes or argue with skeptics. Just believe me that we predicted the direction of the market with uncanny accuracy. And no poking fun at pretentious gurus with sensitive, swollen egos is permitted.

Testimonial: "I'm lying in blood here! I'm ruined! And yet I continue to believe. I hope your work is soon recognized for its genius!"