Thread: Let's Dance - about time!

Wonder Woman wrote:

"Swing your pardner and round we go, pick her up and dosey doe..."

I noticed you are dancing in the psychology forum. Should we take this as a contrarian indicator?

tsptalk wrote:

I noticed you are dancing in the psychology forum. Should we take this as a contrarian indicator?

Tom, I hate to expose my ignorance but I will because you’ve spoken of how members have had to humble themselves. I don’t understand your comment. I apologize if it’s a pretty good joke and I am ruining the effect. I’ve found I have these thought-inhibiting clusters of density up therethat only shows up now and then. And I want to respond to your question.

Love your stuffWonderwoman

vectorman wrote:

Love your stuffWonderwoman

WW, which dancer is you?

Timer wrote:

WW, which dancer is you?

I did not want too much exposure so I stayed on the sidelines.

Wonder Woman wrote:

I don’t understand your comment. I apologize if it’s a pretty good joke and I am ruining the effect.

That's funny.

A contrarian is someone who goes against the majority. In the market's case I like to call it "the herd". When the herd is very bullish (think the market is going to go up) the market tends to go down, and vice versa.

So when someone is dancing because the market is doing so well, it is a sign to a contrarian (me) that the market is ready to come down.

Back to your original statement

I noticed you are dancing in the psychology forum. Should we take this as a contrarian indicator?

I hope not. I was just happy because I missed the highs on 11/11 and 11/12

tsptalk wrote:

Wonder Woman wrote:

I don’t understand your comment. I apologize if it’s a pretty good joke and I am ruining the effect.

That's funny.

A contrarian is someone who goes against the majority. In the market's case I like to call it "the herd". When the herd is very bullish (think the market is going to go up) the market tends to go down, and vice versa.

So when someone is dancing because the market is doing so well, it is a sign to a contrarian (me) that the market is ready to come down.

Let me know next time you feel like dancing. :shock:
I fell for it too. Do you know what I mean by contrariannow? Bad day. :@

You had a "jumping off the building" post on Friday. Maybe that's a good sign for Monday.

Love the dancers.

tsptalk wrote:

I fell for it too. Do you know what I mean by contrariannow? Bad day. :@

You had a "jumping off the building" post on Friday. Maybe that's a good sign for Monday.

Love the dancers.

Yes understood now. Thanks.

One minor (?) correction on Friday’s graphic: they were being pushed off the roof.