Quote from my2cents:
dac dac dac (as I shake my head)
Dorsey has been at this game since 1985.
The proprietary work he does is unique to the street. He synthesized a methodology for assessing the emotional state of the market and identifying disconnects between price and sentiment from which he makes his calls. Dorsey doesn't worry about price and levels that's the call for all the Abbey Joseph Cohen's out there to make. He's a big picture type of guy, when he sees something coming you get out of its' way.
The reason you haven't heard about him is because you don't run in the same circle of finance that he does. His client base is a list of who's who in the world of capital markets.
I know a lot of guys who are willing to pony up the $20,000.00 annual fee for his research and they swear by him.
Oh, and by the way, it was Elaine Gazarelli who was noted for her 1987 call.
Greenhorns, gotta love 'em.
capisci?