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Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
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Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

by Michael N. Kahn
June 2006
Beginner
352 pages
7h 6m
English
Pearson
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

Sentiment Indicators

Sentiment indicators can measure the expectations of participants in the market, and there are as many indicators as the human mind can conjure. From the more objective types that measure actual traded prices for option hedges, to the more subjective that measure how people feel about their lives, there is an indicator for everybody. The point they all share is one common trait. They all try to quantify how bullish or how bearish the masses are with regard to buying and selling stocks, bonds, or any other market. They all share the theory that if everyone is bullish, for example, then they have already bought, and there is little demand left to keep prices rising. If everyone has bought, then there is nobody left to buy. ...

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Publisher Resources

ISBN: 0131345974Purchase book