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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (6195)4/23/2001 3:00:00 PM
From: isopatch  Read Replies (2) of 52237
 
Paul. Pretty busy. But wanted to comment

on this from you:

"Besides oddly being four months late, the number of gloom-and-doom economic pieces over the last week or two makes me wonder if the economy isn't bottoming. I don't know if this talk tends to occur at economic bottoms, but it seems to me that economists may be coincident indicators, perhaps even lagging"

And IMHO, that AND MUCH MUCH MORE has long since become proven fact! I've been working on that basis for quite a few years now.

Am not a purveyer of conspiracy theories. But my work relies, in part, on the successful application of contrarian thinking such that: Important changes in the bullish or bearish atmosphere of the financial press is one of a number of worthwhile sentiment indicators that can give you a good feel for where we are in a trend or if a trend is in the process of making at least an important change in Intermediate Term direction.

Isopatch
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