There is only one side of the market and it is not the bull side or the bear side, but the right side.
March 22, 2017
It was the fall of 2000. Ed Noonan (founder of Contravisory) and I had gone to Vermont to attend the Contrarian Opinion Forum. Ed had published a SELL recommendation on technology three months earlier. By the fall, the ensuing pullback was seen by many at the conference as a “buying opportunity.” Of course, with perfect...