Sangfroid~ Key for enjoying health and prosperity in the markets.
Socionomics was funded by the National Science Foundation and presented at the London School of Economics.
Mr Prechter’s Popular Culture and the Stock Market spelled out the connection between mood and market in 1985. Later this insight became the field of Behavioral Economics and Finance.
http://socionomics.net/index.aspx/
http://www.socionomics.net/free-socionomics-reports/popular-culture/default.aspx
http://en.wikipedia.org/wiki/Behavioral_economics
As a student of psychology, it became clear early on that the mind of the market is paramount, why the course taught at Stanford University by repeat Academic Senate appointment was, Mind, Money, Markets.
A Gary Shilling, who founded Merrill’s Economics department before such Merrill Market strategists as the late Stan Salvigsen and David Rosenberg, framed a letter to Chairman Don Regan from an irate Merrill client accusing him of being too bearish, near what later turned out to be the top.
Dr Shilling left to form his own independent advisory firm and advise Presidential candidates and the Nobel Committee.
He writes a semi-regular column for Forbes Magazine and appears from time to time on Larry Kudlow’s show on CNBC.com near market turning points, not always getting recognition or respect for accurate, if unpopular independent calls.
http://search.forbes.com/search/colArchiveSearch?author=Shilling
http://www.cnbc.com/id/15840232?video=606716632&play=1 9:00
Mr Salvigsen had a similar experience making accurate market calls that went against the grain and caused stress.










February 26th, 2010 at 4:25 pm
Rich can you enlighten me on what the Big4 and TopTen is? I see you mentioning it now and then in your posts. I’d be interested, even if you could email it to me.
Regards
February 28th, 2010 at 7:13 pm
Aloha Vahram
Big4 is a Weekly Asset Allocation Report of the net position of the four largest traders in each asset category for $2000 a year with a money back guarantee if ideas do not cover costs in a year.
TopTen is a Seasonal Portfolio of Closely-Held Dividend Discount Values with the same money back guarantee for $1000 a year.
Subscribers repeat and grow because of performance through various market cycles.
Expired copies of back issues to protect current subscribers were sent to your private address.
Regards*Rich