Friday, June 3, 2011

are contra calls dangerous?

contrarian calls are called 'contra' in short



are contra calls dangerous?

are they that bad?

well, that depends upon

what kind of contra they are?



if they are contra to the trend

they may be dangerous

because picking the turning point of the trend

is easier only for the operators



but if the contra calls are contra to the street sentiment

they can be very good indeed!

street sentiments

are often driven by

greed and fear

expectations and prayers.

and hence erroneous.

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