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Ep. 379: John Casti Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Powers That Be Concerned About Mood

John MacIntosh: I was thinking about this idea of mood mattering, the idea of mood matters. And I think there was a real feeling in March of 2009, because he tells you what, that stock market felt like it was just not going to stop. The powers that be were really concerned about mood even though they never really expressly stated that. They were trying to stop, right, dead in its tracks, this sort of spirit of pessimism if you want to term it that way.MacIntosh: There is no such method for nobody knows how that process takes place. It's obvious that it has to do with the interactions of the people making up the population.

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