Contrary Opinion: Using Sentiment to Profit in the Futures Markets

by R. Earl Hadady

Overview

Measure market sentiment and predict market trends.

Contrary opinion is the opposite opinion of the sentiment held by the majority. If eighty percent of traders are bearish then a bullish view would be a contrary opinion. As developer of the Bullish Consensus, R. Earl Hadady has fine-tuned sentiment, measuring the opinion of a specific majority, to a calculable figure. Traders can now develop a winning trading plan around the Bullish Consensus and buy or sell as warranted by its numbers.

Examines in-depth the workings of the futures markets and how market sentiment affects those markets.
* Demonstrates that the trend of the market is actually a reflection of the trend of market sentiment

Earl Hadady (Glendora, CA) is the author of the first edition of Contrary Opinion: How to Use it for Profit in Trading Commodity Futures. Mr. Hadady is a renowned expert in contrary opinion.

Product Details

ISBN-13:	9780471363538
Publisher:	Wiley
Publication date:	02/01/2000
Series:	Wiley Trading , #87
Pages:	208
Product dimensions:	6.30(w) x 9.25(h) x 0.87(d)

About the Author

R. Earl Hadady is the author of Contrary Opinion: Using Sentiment to Profit in the Futures Markets, published by Wiley.

Table of Contents

Little-Known Facts.

Workings of the Futures Markets.

Market Parameters.

Using Sentiment to Analyze the Markets.

Contrary Opinion.

How Market Sentiment Is Compiled.

History of Market Sentiment.

Market Composition.

Trading to Win.

Market Sentiment in Action.

Glossary.

Index.

What People are Saying About This

James L. Fraser

James L. Fraser, C.F.A., Editor of The Contrary Investor:

The supreme value of Hadady's analysis is to see contrary opinion dealt with objectively in quantitative terms. Easy to read and informative with little known facts that focus on the principles involved.

George Angell

George Angell, author of Winning in the Futures Market and seven other books:

With this book, Earl Hadady becomes the natural successor to Humphrey Neill, the father of contrary opinion. This concise, highly readable account of why contrary opinion theory works is the best ever written.

Walter Bressert

Walter Bressert, developer of ProfitTrader software and publisher of MarketWatch:

Clears up misconceptions of contrary opinion and makes it a valuable analytical tool for all commodity traders.

James Grant

James Grant, Editor of Grant's Interest Rate Observer:

A provocative lesson by the master of Contrary Opinion.

Robert R. Prechter

Robert R. Prechter, Editor of The Elliott Wave Theorist:

There is more wisdom in this concise little classic than in ten typical books on futures trading. It will easily save you three years of painful study in the school of hard knocks.

Editorial Reviews

"A provocative lesson by the master of Contrary Opinion." —(James Grant, Editor of Grant's Interest Rate Observer)

"There is more wisdom in this concise little classic than in ten typical books on futures trading. It will easily save you three years of painful study in the school of hard knocks." —(Robert R. Prechter, Editor of The Elliott Wave Theorist)

"The supreme value of Hadady's analysis is to see contrary opinion dealt with objectively in quantitative terms. Easy to read and informative with little known facts that focus on the principles involved." —(James L. Fraser, C.F.A., Editor of The Contrary Investor)

"With this book, Earl Hadady becomes the natural successor to Humphrey Neill, the father of contrary opinion. This concise, highly readable account of why contrary opinion theory works is the best ever written." —(George Angell, author of Winning in the Futures Market and seven other books)

"Clears up misconceptions of contrary opinion and makes it a valuable analytical tool for all commodity traders." —(Walter Bressert, developer of ProfitTrader software and publisher of MarketWatch)

"A provocative lesson by the master of Contrary Opinion." —(James Grant, Editor of Grant's Interest Rate Observer)

"There is more wisdom in this concise little classic than in ten typical books on futures trading. It will easily save you three years of painful study in the school of hard knocks." —(Robert R. Prechter, Editor of The Elliott Wave Theorist)

"The supreme value of Hadady's analysis is to see contrary opinion dealt with objectively in quantitative terms. Easy to read and informative with little known facts that focus on the principles involved." —(James L. Fraser, C.F.A., Editor of The Contrary Investor)

"With this book, Earl Hadady becomes the natural successor to Humphrey Neill, the father of contrary opinion. This concise, highly readable account of why contrary opinion theory works is the best ever written." —(George Angell, author of Winning in the Futures Market and seven other books)

"Clears up misconceptions of contrary opinion and makes it a valuable analytical tool for all commodity traders." —(Walter Bressert, developer of ProfitTrader software and publisher of MarketWatch)

From the Publisher