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From what I've read the problem with Sentiment forcasting is that the trading time frames can be all over the board. Example: one trader may be in short term BUY positioin while another is in a longer term SELL position..both can be good posititions but cancel eachother out when looking at...

What do you think of the validity of sentiment indicators...such as what flipsidetrades.com does? I know I've been told that you should go against what the overall crowd is doing...any thoughts on how effective this might be? I mean if you knew what thousands of people were going to do, since...