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

To: TechTrader42 who wrote (1186)	5/8/2002 5:00:13 PM
From: ajtj99	Read Replies (1) \| Respond to of 1487

Brooke, I believe the line in the sand for the COMP is around 1728 or so and NDX 1320. Above those areas we can become a bit bullish. Below, we should remain cautious. 1125 needs to get taken out for the SPX to be taken seriously. The next objective may be Max Pain on the SPX at 1100. That should get us to NDX 1320 and COMP 1728 or so. That would be my target high for this run, BWDIK. First, we need a bit of a re-trace, possibly to COMP 1644 or so.