I'm not an experienced investor, still learning a lot from this forum and by reading. So please take the opinion expressed in this post with a grain of salt, I might be wrong.
So the big question is, isn't it a useless effort to improve the market sentiment by arguing with the negativity? I'm talking about both the opinions expressed in this forum as well as the main-stream media overall. I mean it is a well known and well observed behavior that markets DO NOT reflect "intrinsic values" of respective counters. It's either too high or too low (for the most time). So, as an investor, wouldn't it be more useful to let the "market psychology" play its role and just be an observer rather than trying to intervene? It doesn't matter how many "gems" are out there, if 99% of the trading parties think the market is not going to recover, then how can the market to recover any soon? it's those people who are trading after all. Shouldn't we be just listening to that 99% and trying to optimize our trading strategy based on that? rather than trying to make merry with the remaining 1%?
This is just a personal opinion and a question I've been thinking about a lot. Please express your views.
Cheers!