One of the best trading books I have ever read is Insider Buy Superstocks by Jesse C. Stine. Jesse contends that it is ALL about the charts. Do not listen to analysts, pundits, gurus or anything you hear on the stupid tube. From chapter 3, "The mass media is structured in such a way as to purposely confuse the hell out of 99% of the investing public. This is done in order to quietly funnel the public's savings over to the 'smart money' investors who just happen to be the ones actively manipulating the media in the first place." In chapter 4, Jesse sites several examples where Goldman Sachs would have made a great contrarian indicator. From nat gas to banking to market indices, seems to be a lot of bad calls. Kind of like barchart. When they rate a stock strong sell, that's when I get interested.