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

To: MechanicalMethod who wrote (1399)	5/30/2002 1:33:10 PM
From: TechTrader42	Read Replies (2) \| Respond to of 1487

The trend remains down. The S&P CI's are just above 30 in the ST and MT and will soon drift into oversold territory. But there are definitely no buy signals at this point. The LT one remains at the midpoint. The Naz ones are in the upper midrange in the ST and MT, and low midrange, approaching oversold, in the LT. The trend is down. The current signals in the dailies are all sell/short. With other time frames, there may be other signals. And so too with other systems, besides my own. This is one system, and that's it. It's no better than any other system, in that one could lose money with it easily. The situation in India & Pakistan isn't helping things, of course. People are crazy.