Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TheBusDriver who wrote (17517)	8/21/2003 2:41:12 PM
From: Louis V. Lambrecht	Read Replies (1) of 39344

From Schaeffer's The heavy focus in the financial media in recent months on the low VIX as a bearish indicator (featured most recently on CNBC yesterday) has bullish contrarian implications. Once a previously arcane indicator becomes widespread in its use, it becomes safe to conclude that the market has already discounted the implications of that indicator. schaeffersresearch.com So, contrarian sentiment indicator has to be taken in an opposite position? Pass the glue!

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