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<p>[QUOTE=&quot;Cloudsweeper99, post: 1112851, member: 3011&quot;]The problem with contrarian investing is that the underlying assumption is that the majority of investors will move in a herd and be wrong.&nbsp; But most of the time, the majority is correct since that is what causes stocks [or other investments] to trend.&nbsp; Contrarians look brilliant at market reversals, but tend to be wrong most of the time.&nbsp; I recall when the market was falling from 14,000 through 13,000, CNBC paraded out a lot of analysts all saying something like &quot;I&#039;m a contrarian so while other investors are selling, I think this is the time to buy.&quot;&nbsp; So here we are, years later, and the contrarians are sitting on losses.[/QUOTE]</p><p><br /></p>

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