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

To: TechTrader42 who wrote (722)	3/13/2002 10:55:32 AM
From: TechTrader42	Respond to of 1487

Here are the numbers. No one showed up for work here this morning (maybe because they were all fired last week during the ramp job), so there have been some delays in calculating the CI's. ST Naz CI: 76.786 75.525 MT Naz CI: 76.786 75.525 LT Naz CI: 92.955 92.573 ST S&P CI: 93.811 100.000 MT S&P CI: 93.811 100.000 LT S&P CI: 97.797 100.000 If the market doesn't cooperate, we'll revise the previous day's numbers, just as the Federal gov't does. This thread should be quiet today, since I've taken the liberty of enrolling everyone in a reprogramming session at a local budget motel. We caught up with everyone late last night, after they'd posted their bearish nonsense, and hauled them in. I see LU is down again today. How do beautiful "breakout" charts get themselves into such trouble? Maybe they're just hanging out in the wrong sector. I wonder whether it's significant that the former support level, 5.2, gave way yesterday. My hunch is that it is. But it's all a guessing game. Enough with the chitchat. I have to attend to the reprogramming. "Buy! Buy! Buy! Stocks are undervalued! We're in a new bull market! There was never a recession! Shorting never pays! This is just a minor 'consolidation'!"