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| AUG 1991
Market Vane Transformations by Kenneth L. Kinkopf Jr.
Market Vane Transformations by Kenneth L. Kinkopf Jr. The sentiment readings of the Market Vane service is a poll taken daily from futures trading advisors indicating the percentage that are bullish at that moment. Ironically, market consensus is used as a contrarian indicator. Does it work? This author transforms the Market Vane index into a better indicator. Market consensus is a dynamic indicator with which to evaluate market activity. Ironically, however, this tool is used as a contrarian indicator. The sentiment readings of the Market Vane service is a poll taken daily from futures trading advisors indicating the percentage that are bullish at that moment. As a rule, high readings are signs of market tops, while low readings are signs of market bottoms. Barron's publishes this poll weekly under ""Investor Sentiment Readings.""
by Kenneth L. Kinkopf Jr.
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