A thorough look at contrarian sentiment trading technique
Trading Against the Crowd is an excellent tool for anybody with an interest in short-to-medium term market timing using market sentiment analysis. This book covers all the basics of contrarian sentiment trading techniques, as well as some important smart-money indicators such as corporate insider buy-sell data. Summa reviews and evaluates with empirical testing all the existing traditional methods of trading against the crowd, and presents his own bearish/bullish news intensity ratio, which tracks investor sentiment weekly through quantitative news analysis. Armed with this and other valuable sentiment indicators presented in this comprehensive book, investors and traders can rise above the crowd and increase the probability of investment and trading success
John F. Summa is a money manager, technical analyst, and economist. He is founder of OptionsNerd.com, an option trading education Web site, and a regular contributor to Investopedia.com, a leading investor education Web site. Johns trading articles have appeared in Stock, Futures & Options, Technical Analysis of Stocks & Commodities, and Futures magazines. He is the coauthor of Options on Futures (0-471-43642-9) and Options on Futures Workbook (0-471-43643-7)
