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

To: TechTrader42 who wrote (1088)	4/29/2002 2:45:45 PM
From: ajtj99	Read Replies (2) \| Respond to of 1487

Brooke, it appears we're getting another drop into the close. The SPX 1053 level is certainly within range. If memory serves, Dow 9800 was support, as was 9850 or so. I think there are too many people anticipating a bounce, so the indices need to be taken down to show them who's boss (the MM's). COMP 1619, or 1626-28 are what I'm looking at right now. We'll see. 1646-1650 are too obvious for support and don't work well with SPX 1053.