The article cites Warren Buffett’s guidance to act contrarian—fearful when others are greedy, and greedy when others are fearful. It suggests using the Relative Strength Index (RSI) as a technical proxy to gauge how much fear (or optimism) may be embedded in a given stock.
The article cites Warren Buffett’s guidance to act contrarian—fearful when others are greedy, and greedy when others are fearful. It suggests using the Relative Strength Index (RSI) as a technical proxy to gauge how much fear (or optimism) may be embedded in a given stock.
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