The House of Representatives surprisingly rejected the current version of the Wall Street bailout plan today and the markets reacted accordingly. The Dow Jones Industrial Index and S&P 500 Index both closed today with their worst point drop EVER. The S&P 500 also ended the day with it’s largest percentage loss since the 1987 Black [...]
contrarian indicator
Contrarian Indicator
Just when I was looking for the classic contrarian indicator it magically appeared before me. Bush says economy on the upswing.
Contrarian Kicked To The Curb
One can’t discuss the concepts of contrarian investment strategies without mentioning the name David Dreman. Mr. Dreman is considered by many to be the Guru of contrarian investing and literally wrote the book on the subject. So, although it’s a little belated, I’d be remiss if I didn’t mention recent news of Mr. Dreman being [...]