Ep. 4: Mike Shell Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Animal Spirits Line: The Suspicious Urge to Action
When investors get, when investor sentiment gets really bullish and they're all, you know, most people are pretty excited, that occurs after prices have already gone up for a while. That's a sign of complacency. When the price is going up and it's high in magnitude, hey, that's a good thing. But that also can be a contoury indicator that there’s might be more risk that it could reverse or at least stall. How many stocks trading on New York Stock Exchange and 70% of them are rising in price? It tells you how you might be a little late to the party,. back when it was a 20% rise and that's a
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