By Nicholas Vardy Markets have an annoying habit of proving investors wrong. That’s what makes contrarian indicators so powerful.
Today, Nicholas Vardy shares his favorite contrarian indicator… and how it can help you make better investing decisions.
“Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria.”
– Sir John Templeton
Like the late Sir John Templeton, I’m a big fan of contrarian indicators.
That’s because financial markets have an annoying habit of proving investors wrong.
And they do so precisely when it will cost the largest number of investors the most money.
That’s what makes contrarian indicators such powerful tools.
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