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Pastimes : tNT - BKaM Help Thread -- Ignore unavailable to you. Want to Upgrade?

To: accountclosed who wrote (44)	9/24/1999 8:15:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 48

Worthy of the Myth Help thread Hall of Fame. For his definition of Contrarian theory- Thanks to Myth thread legend Mohan for pointing this one out: William Fleckenstein. >I think a good point to make is that contrary opinion or being a contrarian doesn't mean the facts that exist, don't exist. What you're attempting to do is capture people overreacting to that set of facts. At the moment, no one is overreacting to a negative set of facts; they are all saying, gee, well everyone knows about these negative facts, therefore they don't matter, therefore we don't have to react. When people panic about negative events, then the contrarians will take the other side of that panic. So there is so much banter on bubblevision that sometimes I think it's easy to lose sight of what things you can fade and what things you can't fade. The facts are the facts, and all you can do is try to take the other side of people's overreaction to those, both on the upside and the downside. < Ref: #reply-11357548