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245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader
Chat With Traders
Are You a Contrarian Indicator?
I remember while trading the oil drillers back in 1999, I saw a bearish front cover article on the economist talking about drowning in oil. And it turned out to be a fantastic contrary indicator as that was the bottom of the market. There's dozens and dozens if not hundreds of examples like that right. So when all professional money managers are saying the same exact thing,. Yes, I think it's a great time to be contrarian.
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