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


To: TechTrader42 who wrote (912)4/5/2002 4:15:51 PM
From: TechTrader42  Read Replies (1) | Respond to of 1487
 
After the close:

ST Naz CI: 21.599 37.733
MT Naz CI: 44.256 52.544
LT Naz CI: 82.875 85.104

ST S&P CI: 37.430 18.994
MT S&P CI: 47.541 32.084
LT S&P CI: 84.214 79.563

No buy signal for the Naz yet. Reversal in the S&P CI's, confirming yesterday's intraday buy signal. However, the CI's can reverse at any time, and the downturn didn't conclude with the CI's closing near 0, so there's some risk (as always). Also, the LT CI's are too high. So the longer-term trend could bear down on shorter-term rallies.