One of the great ironies of this life is that everyone considers themselves a “contrarian.” And why wouldn’t they? Would you prefer to say, “Oh, I’m a mindless sheep that just follows the crowd.” But that’s what almost everyone is. Their inability to utter those words is another thing which makes them all the same.
Here is a layered chart you won’t see anywhere else on the planet. The blue line is the INVERTED SPY. The grey line is the PAID SUBSCRIBERS to my beloved Slope. The correlation is as plain as can be: when the market strengthens, people ditch me; when the market weakens, they embrace me. Because…….”contrarians.” Pretty funny stuff, really……….
