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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (898)5/7/2003 11:12:52 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 4909
 
they're also just as bullish the day before the top. and the day before that. and the day before that. and the day before that. and...

it takes a whole lot of long-term bullishness to put in a good top, which suggests grace is right that the sentiment doesn't help much for timing purposes.



To: LLCF who wrote (898)5/8/2003 12:53:36 AM
From: GraceZ  Read Replies (1) | Respond to of 4909
 
It's a lagging indicator, it follows price. It has no predictive value, as price has no predictive value because it doesn't contain any more information then price itself.



To: LLCF who wrote (898)5/8/2003 7:49:09 AM
From: Wyätt Gwyön  Respond to of 4909
 
ROFL!