lol my wife is the perfect contra-indicator.
A couple days ago (right AT the lows near 26 something she looked over my shoulder at my charts and wanted me to short Crude oil really badly...
I pointed out that it is a bad time, when things are that oversold you need to wait for a bounce and short in the right technical conditions...
Now she is telling me I should have convinced her to buy calls...teasingly of course.
She did the exact same thing back in late August when it touched 38 bucks and then soared...wanted to buy puts right at the short-term lows before the 10 dollar correction upwards...
Her timing is immaculate.
I just tell her look at all the money I saved us....hehe...
But maybe I should listen next time and do the opposite, use her for like an emotional reversal signal of sorts...
I'll let ya'll know next time she offers an opinion so we can all fade her...
:-)#