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


To: mary_a who wrote (1409)6/3/2002 5:55:49 PM
From: Triffin  Read Replies (1) | Respond to of 1487
 
Hi mary_a ..

Now where do we go long?

The CI's are better at when to
than where to .. <ggg>

Anton ..



To: mary_a who wrote (1409)6/3/2002 6:29:49 PM
From: TechTrader42  Read Replies (2) | Respond to of 1487
 
THE SPX ST CI is at 0. The Naz one is just under 20 (oversold, but not near 0 yet). The SPX CI's are very oversold in the MT, but not in the LT (still in the lower midrange). The Naz ones are still in the midrange in the MT, but slightly oversold in the LT.

The trend has been down. Whether there's a reversal tomorrow remains to be seen. Only the ST SPX CI is at 0. There's plenty of room for the others to continue lower if they don't reverse to the upside.