Contrary Indicator: The Donald!

Tuesday, February 03, 2004 | 01:06 PM

Dorsey Wright Associates has an interesting observation regarding the magazine indicator and the Donald:

"Donald Trump may well be a viable contrarian indicator!

As you are well aware, we look at magazine covers with a slant toward the contrary if possible. In other words, our approach is that when information trickles down to the mass media consumption level of the newsstands, you typically want to go the other way. The news is out, the cover is reflecting what has already happened."

We noticed a striking similarity to Donald Trump-authored books and market tops:

· “Trump: The Art of the Deal” (released in January 1987),

· “Trump: Surviving at the Top” (released August 1990),

· “The America We Deserve” (released January 2000)

Note the dates of the Donald's books and then consider the subsequent market behavior. Scary!

DWA continues: "But now to the present – Donald Trump is due to have another book published and released shortly after his reality show, “The Apprentice”, finishes up. Now get this, the title is supposed to be, “How to Get Rich: Lessons Learned from The Apprentice & Other Big Deals”! Does that smack of a market top?!?!? To boot, if you haven’t seen the show at all, the introduction of the participants is shown with a ticker tape running. Food for thought – or maybe, “The Donald Sentiment Indicator”. "

While I am not in full agreement with DWA's magazine cover theory -- One cannot help but laugh at the coincidence of the Donald's book release schedule.


Good stuff, Tom!

Source: Dorsey Wright Associates

Tuesday, February 03, 2004 | 01:06 PM | Permalink | Comments (0) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Contrary Indicator: The Donald!:


The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™