No one really ever knows how high is high or how low is low, but using this simple tool can be a great advantage in dispassionately making effective trades.
Measuring human behavior is not the same as measuring balance sheet items. People as a group will move from euphoric optimism to dire pessimism at the extremes. Group behavior is the underlying premise of technical analysis. As an aside, the mass hysteria surrounding Covid 19 and which has played a large role in market action, … Continue reading Are We There Yet?