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

To: ajtj99 who wrote (1092)4/29/2002 3:07:26 PM
From: TechTrader42  Read Replies (1) | Respond to of 1487
 
AJ: Good stuff. Thanks for pointing out some of these things. I hadn't paid attention to that gap, for example, though I saw the support there. As you say, there could be a bounce there.

It's very interesting watching the support levels give way. Once they're breached, even by just a point or so, it's all over, despite the attempts at bounces.

"We continue to see investors on edge," Maria opines.



To: ajtj99 who wrote (1092)4/29/2002 8:36:27 PM
From: Monty Lenard  Read Replies (1) | Respond to of 1487
 
aj, I see the gap you refer to but did not not fill on 10-19? The little hammer formed today on the naz actually got it back into the real of reasonable as far as the lower bolinger band. Those bands are still pointed down and the macds I follow are still on a sell so I for one believe it may be a dead cat bounce if any. But I like you am not a guru. maybe we need to ask one. :-)

Monty


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