DislikedThere is one more important thing that can back you up in here. I do have a thread in trading discussion part of FF called FF cinema - I uploaded Jim Rogers seminair about how he invest and see the world - smart man, one of my favourites.
He said something like this - "when I see everybody in one boat I usually prefer to be in the other one", and something like "if everybody is selling there will be nobody to buy at some point"
So little pat on the back from Jim Rogers himselfIgnored
You know, there are many traders who always argue about the trend, some believe and some don't. Jim Rogers is great, but he is not the only one, there are many investors and critics many are right in their ways; so it is up to us whose words we should listen to.... Personally I like them all, especially those who have bogs and opinions to share freely.