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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (31412)	2/16/2002 6:09:48 PM
From: At_The_Ask	Read Replies (2) \| Respond to of 209892

I've never seen any sentiment indicators that are worth anything. They are in the back of my mind sometimes but thats it. They are mostly good for shaking me out of positions, and lining my brokers pockets by creating doubt about what I see in my charts. If the markets are trending and there are high countertrend sentiment readings, its probably a good sign that the trend will continue. For turn picking I think they are essentially useless. At least for intermediate time frames anyway.