In âTrading & Exchangesâ, Larry Harris wrote in 2003 (p.253) ...
â... Sentiment-oriented technical trading will be most profitable in instruments that are not easily valued ... Perhaps the best examples of hard-to-value instruments are stocks in developing industries like the Internet. Their values are hard to estimate because they depend on uncertain technologies and on the development of unknown markets ...â
What are 2010âs equivalents of the âInternetâ stocks?
â... Sentiment-oriented technical trading will be most profitable in instruments that are not easily valued ... Perhaps the best examples of hard-to-value instruments are stocks in developing industries like the Internet. Their values are hard to estimate because they depend on uncertain technologies and on the development of unknown markets ...â
What are 2010âs equivalents of the âInternetâ stocks?