Behavioral Trading: Methods for Measuring Investor Confidence and Expectations and Market Trends - Hardcover

Dorsey, Woody

Hardcover

ISBN 10: 1587991640 ISBN 13: 9781587991646

Publisher: Texere, 2003

Synopsis

Have you ever wondered to what extent investor confidence and expectations impact stock market prices? In Behavioral Trading, stock market contrarian, Woody Dorsey, gives readers for the first time insight into his highly profitable proprietary market diagnosis techniques. These are often described as market expectations theory, behavioral finance and most commonly contrary opinion analysis. Dorsey's work is followed by major investors and the financial media seeks his macroeconomic perspective that is more than six months ahead of the crowd. For the first time, Woody Dorsey shows how his technique makes behavioral economics practical, accessible and understandable. He has developed his unique insights from his research of financial market probabilities during the past twenty years. Market Semiotics, both the name of Dorsey's company and his technique, is a research philosophy based on the logic of behavioral finance. In an illuminating and amusing fashion, this book offers an original and disciplined perspective that delivers precise forecasts of the market.

About this title

About the Author

Woody Dorsey began publishing market commentary in 1985. His innovations in Market Sentiment Interpretation, Trend Duration Analysis, Trend Duration Analysis, and Transient Investment Themes are part of a nwe system called Triunity Theory. This behavioral approach led him to identify major conceptual extrmes, such as "Fantasia," the deflationary climax in October 1998 and "E*Greed," the dotcom extreme in early 2000. Dorsey lives in Vermont.

Review

"On Wall Street, there are many copies, few originals. Woody Dorsey is an original par excellence. Woody Dorsey, a Vermont-based analyst who specializes in contrary opinion says that bullishness on bonds at the October 1998 high was about as extreme as it has been in five years. Dorsey call the upside explosion last month a "deflationary climax," and he contends that it will market the top in the bond market for quite a while."

"There aren't many analysts in the world worth following. Woody Dorsey is an exception. His way of analyzing markets kept you on the right side of the markets at major and at intermediate turning points over the years. I would not like to be on the other side of a trade with Woody Dorsey."

"The proprietary sentiment indices have been of immeasurable value in positioning for major moves in US capital markets. Mr. Dorsey uses the tents of investor psychology to identify specific points in time which correspond to significant extremes in prices. His unique approach is indispensable to all portfolio managers."

Edition details

• Publisher: Texere
• Publication date: 2003
• ISBN 10: 1587991640
• ISBN 13: 9781587991646
• Binding: Hardcover
• Language: English
• Number of pages: 272