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Strategies & Market Trends : Zman Market Timing
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To: zman69 who wrote (3671)6/23/2014 3:44:01 PM
From: POKERSAM  Read Replies (1) of 15903
 
IMO the herd is always right. Do you believe that when herd optimism peaks you are at a top and when herd pessimism peaks you are at a bottom? Far be it from me to say when either sentiment has peaked.
You can get so low that there is only one way to go and that is up. The opposite is also true. Where is that high and where is that low is the question.
Of course it is the very nature of sentiment that it is a blunt instrument.
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