"Human beings, and the markets are irrational. There is always an irrational element in the market. These elements are exactly what creates market opportunities.
Market behavior is based on the simple but profound structure of man himself. It proposes that the markets are but a larger cosmos of human behavior. Markets mirror man and they do so in a relatively exact way. We have shown the parallels of their structure, functions and manifestations. Sentiment Timing offers a new understanding of behavioral finance and financial markets in general. Furthermore, it delivers practical results, or cash value.
Observe everything, believe nothing and invest only on the basis of the behavioral errors of others.”