Right in the continuation of Dow’s theory, Neil (1954) developed the “contrary opinion” principle.
This system lies on the idea that, whenever all investors have the same opinion at the same moment, it is very unlikely that this opinion will materialize in facts… This is due to the fact that, if everybody is bullish, who is left to buy?
Showing posts with label Contrary opinion. Show all posts
Showing posts with label Contrary opinion. Show all posts
Friday, January 3, 2020
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