Traditional Technical Analysis books delve into “opinion of the crowds”, and suggests a contrarian trading philosophy to the crowd sentiments.

But what about the “opinion of experts”?

See for yourself, how well the T&C Consensus jives with not betting against an “opinion of experts”

– On the surface the mathematical correlation between the two data series (polls and SPX closing values) has a 60% correlation

– But as a monthly data set series, look at the value of the polls, most importantly at the two critical junctures from this year

* January 2010 decline

* April 2010 rise

Would this have been worth something to you?

Good luck!