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Listen To The Market, Not Wall Street Opinions.(SERIES: INVESTOR PSYCHOLOGY)(A)(INVESTOR'S CORNER)
Byline: JONAH KERI
Investor Psychology:
Sixteenth In A Series
Click on most financial TV shows and you'll see it: two talking heads, maybe a forum of Wall Street figures, debating the state of the stock market.
As they sit decked out in expensive suits, carrying years of experience, you might be inclined to trust these folks' opinions.
Don't. No matter how impressive an opinion may sound, it's just that -- an opinion. The market doesn't care what anyone thinks. It acts on its own, without regard for pet theories.
Want a better way to gauge the state of the market? Use objective analysis instead of opinions.
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