Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Shread who wrote (1259)	5/14/2002 3:56:52 PM
From: TechTrader42	Respond to of 1487

Yes, there was a buy signal of sorts Friday, but there were also buy signals early Monday, which were discussed on SAII. I don't think we're there yet for shorting signals: ST Naz CI: 60.372 42.663 MT Naz CI: 50.670 37.426 LT Naz CI: 52.061 41.578 ST S&P CI: 83.926 59.696 MT S&P CI: 74.363 46.657 LT S&P CI: 74.480 58.009 Also, I don't think the next resistance levels for the indexes have been hit yet (1119 for SPX and 1773 for Naz, for example). But anything could happen, of course. So far, I'm sitting tight. The uptrend seems intact for now. If AMAT caused any unexpected havoc, there'd still be time to beat a hasty retreat. AMAT might just push things higher. (What drivel that was: AMAT might have a bad report or a good report. Oh, wow. How can I subscribe for more?)