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INTEGRATING CONTRARY OPINION AND TECHNICAL ANALYSIS
Questions
Subjects to Be Covered
Contrary opinion defined
Personalities who have written about crowd psychology
Why it is difficult to go contrary
1. Fill in the blanks: The guiding light of investment contrarianism is not that the majority view—the conventional or received wisdom—is always wrong. Rather, it’s that the majority opinion tends to solidify into a d_____ while its basic premises begin to lose their original v_____ and so become progressively more m_____ in the marketplace.
2. As described in the text, the three steps to forming a contrary opinion might include:
A. Reading popular magazines and jotting down notes
B. Figuring out what the crowd thinks
C. Talking to your friends ...
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