- The Big Picture - http://www.ritholtz.com/blog -
It All Comes Crashing Down
Posted By Barry Ritholtz On December 25, 2008 @ 10:00 pm In Markets,Music,Psychology | Comments Disabled
This is not only my nomination for video of the year (from Seeing Sounds [1]), it gets the nod for sentiment indicator of the year!
>
N.E.R.D. – Sooner or Later [1]
Sooner or Later via Cameron Newland [2]
>
Here’s an interesting question: Are videos like this one more likely to occur nearer to tops or bottoms?
I am not suggesting traders use this as markers for buying and selling, rather, its something more subtle. Ask yourself this question: By the time the zeitgeist of society has reached the point where economic turmoil and a market crash are fodder for music videos, is it early or later in the market cycle? Do the odds favor that there is more upside or downside at this point?
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2008/12/it-all-comes-crashing-down/
URLs in this post:
[1] Seeing Sounds: http://www.amazon.com/exec/obidos/ASIN/B00195BM8E/thebigpictu09-20
[2] Cameron Newland: http://www.cameronnewland.com/2008/12/21/nerd-sooner-or-later/
Click here to print.
Copyright © 2008 The Big Picture. All rights reserved.