2011-03-24

Robert Prechter on Socionomics, The Reverse Supply & Demand Law of Financial Markets

This video is not new, but I thought I would share it with my readers, as many of my friends have been telling me that they didn't understand why the market was going up for no reason — and yet, they are bullish!

This 2min video explains precisely why the market doesn't make sense to many people, why sentiment is driving the markets and not fundamentals, and why being a contrarian works.

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