MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: jt47319 who wrote (17324)	6/12/2003 1:11:12 AM
From: bobby beara	of 19219

Unfortunately, the Art of Contrarian Sentiment is exactly that, an Art<<<< My favorite sentiment artist, Larry McMillan, sezs sentiment is right until it's wrong, there are a number of others that have written books about it that agree. true contrarian sentiment events are fairly rare events and are low probability gambles, for people trying to fade the trend. the only thing in the end is price, price moving up means demand is in charge, price moving down means supply is in charge, trying to pick tops or bottoms based on a plethora of sentiment statistics is getting out of the range of probability anaylisis and into the realm of gambling.

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