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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (50644)5/30/2004 7:10:48 PM
From: Seeker of Truth  Read Replies (2) of 74559
 
Reverse indicators like that of the American Club group should be quite useful as seers ranging from Buffett to J. Chen all agree that we should be "lonely", out of fashion etc. But sometimes there is a problem determining what the fashion is. For example I think people are going unnecessarily crazy about biotechnology(very high risk) and nanotechnology(profits mostly look quite distant). Am I lonely or are they? Are we gold and oil lovers lonely or is everybody and his sister thinking that way? Is the gold is useless and oil will promptly find the $20 level crowd the lonely minority?
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