Using Indicators Like That Can Work

We don't know what's going to happen in the economy, but we can have a sense for whether the market environment is hostile or friendly. What are other people doing? What are they thinking? How are they acting? Are the people on radio and TV shows wildly bullish or are they very cautious? When they're wildly bullish, we should be worried. When they're cautious, we can turn aggressive. I think that using indicators like those can work.