The prevailing wisdom is that markets are always right. I take the opposition position. I assume that markets are always wrong… most of the time the trend prevails; only occasionally are the errors corrected. It is only on those occasions that one should go against the trend. This line of reasoning leads me to look for the flaw in every investment thesis. ... I am ahead of the curve. I watch out for telltale signs that a trend may be exhausted. Then I disengage from the herd and look for a different investment thesis. Or, if I think the trend has been carried to excess, I may probe going against it.
Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.
See {590238} for another of his related quotations.
Trends carry on forever, until they stop. I want to be around after things come to a standstill. As a result, I tend to be pretty conservative.
Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.
Having strong momentum is very important for game platform businesses. Once momentum is lost, great power is needed to change that trend.
When I first got started in this whole world of online connecting, we were combating this antiquated stereotype of who used online dating, and we really set out to make it popular with millennials. What I find to be so fascinating now is, I'm seeing an inverse in that trend.
In the United States no trend ever arrives at its logical conclusion.
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.
If you want to fight against a declining trend, you've got to have a much bigger bazooka.
The possibility that a provincial town could win the League completely bucks the trend.
The potential hot tomato of today can turn into the cold pop tart of tomorrow, and I know that.
Fashion is about two things: the evolution and the opposite.
There are never any absolutes in the fashion business: one day you may like black, and the next day you like colour. I think it's a good lesson that we should never believe too much in any one thing - because the next day it's out, and if we're stuck to it, we're out, too.
It's important to understand economic trends, but, in my mind, it's more important to understand how to buck the trends.
I remember a day and time when the streets indicated what was hot online, and now I think it's starting to reverse a little bit.
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.