Closing Bell: Watch What They Do, Not What They Say

I was trained to pay attention to flows and fund data, not investor sentiment or confidence polls. I was taught to watch insider buying and selling, not to take management roadshow presentations at face value. This is Street smarts, not book-learnin’. If the extent of your knowledge about investing comes from books rather than actual practice and experience, you’re going to be slow to understand this.

I like to watch what they do, not what they say. And what they began to do was buy stocks again, according to the weekly and monthly data tracking this stuff. Look outside the tired ICI mutual fund survey and you will see this to be true, regardless of what investors may say to a poll.

Anyway, someone tried to slip the sentiment lie past me this afternoon on CNBC’s Closing Bell. You know how it goes: Everyone is so negative it just HAS to be a contrarian signal. I think there was more credence to that idea earlier this year than there is now – and I think I made that clear below, apologies to the chief investment strategist types in the multibox:

Source:

CNBC

What's been said:

Discussions found on the web
  1. Is Bitcoin Era a scam? commented on Sep 19

    … [Trackback]

    […] Here you can find 25872 more Information on that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  2. click here commented on Sep 22

    … [Trackback]

    […] There you will find 50885 more Information on that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  3. Electricity Plans commented on Sep 23

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  4. bitcoin loophole commented on Sep 30

    … [Trackback]

    […] There you will find 62638 more Info to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  5. bitcoin loophole review commented on Oct 04

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  6. 토토 commented on Oct 18

    … [Trackback]

    […] Here you will find 29638 additional Info on that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  7. www.bestroofguy.com commented on Dec 06

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  8. td login commented on Dec 06

    … [Trackback]

    […] Here you can find 36269 additional Information to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  9. DevSecOps commented on Dec 21

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  10. 메이저놀이터 commented on Dec 24

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  11. DevOps solutions commented on Jan 12

    … [Trackback]

    […] Here you will find 48399 more Info on that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]

  12. Eliminator-lighting EF-1000 manuals commented on Jan 20

    … [Trackback]

    […] Here you can find 62400 additional Information to that Topic: thereformedbroker.com/2012/10/08/closing-bell-watch-what-they-do-not-what-they-say/ […]