Market Vitals: Contrarian vs. Consensus

Contrarian vs. Consensus: A Psychologically Frustrating Exercise ...

Play along, but only as long it makes sense (and dollars). And be sure to go your own way before the herd goes crazy and you get trampled. You can still be a contrarian without doing the opposite of everyone else all the time. But what about this time? When it comes to US stocks and some other risk assets, there seems to be two basic paths in front of us:

Market Vitals | 4 December 2012 [http://blackswantrading.squarespace.com/storage/market-vitals/120412_mv_contrarian_vs_consensus.pdf]