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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (431)4/26/1998 11:12:00 PM
From: JEM  Read Replies (2) | Respond to of 9440
 
RE: Not Following the Crowd...

"In studying market sentiment we find with few exceptions that when the vast majority of traders expect a market to move in a given direction, it is most often true that the majority is wrong. I won't go so far as to say that the majority is always wrong. This is not the case. In fact, the majority can be right very frequently - FOR BRIEF PERIODS. However, my studies showed that the more strongly the majority maintains a given opinion, the more likely the majority is to be wrong."

- Jake Bernstein

*JEM*