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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: pater tenebrarum who wrote (39038)2/4/2000 9:08:00 AM
From: clochard  Read Replies (1) of 99985
 
The consensus is always right because a lot of sharp players know they can "make" the consensus right. Any contrarian move is met with tons of "consensus" money, eventually proving the consensus right through short squeezes, bear traps, and the like. It reinforces the whole bull market mentality so that only an occasional application of force at the right time is needed to keep everyone on track. The bears puke up the cash everytime and CNBS clowns drone out any voice of reason.
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