A VERY good interview. Highly recommended. Any of you familiar with him I was quite impressed?
Sounded like a stoolie!
Jim Dines -the 40 year stock market veteran- has been on a "sell" signal since 11-27-02.
In addition, he doesn't think the bear market is over, due to the current state of "mass psychology."
AegeanCapital interview by IKE
1. A trend in motion will continue until it actually ends (DITREND).
2. When the trend is flat, dull, or unclear assume that the previous
clear trend has remained until proven otherwise (DITRULL).
3. A trend in motion overrules all "facts", "arguments", and "reason" (DITREMO).
4. An Uptrend is bullish and a Downtrend is bearish; don't think, look (DILOOK).
5. When in doubt, stay out (DIDOUT).
6. Dines Rule of Lost Leadership: When bull or bear stock-market leaders finally falter, the market
usually reverses direction (DROLL).
7. Dines Rule of Gold Countertrend: The price of gold tends to move generally opposite to the
rest of the stock market and the US dollar (DINOPA).
8. Dines Nature of Paradox: Overefforting for the wrong thing produces results opposite
from what was sought. That's why you never got the person you wanted, and never got rid of the
person you didn't want (DINOPA).
9. Dines Rule of Gold Seasonality: Gold shares are seasonally strongest in the first few months
of each new year (DIRGS).
10. Dines Wolfpack Theory: When a few stocks of an economically related group move in a certain
direction, the rest of the group will tend to follow that direction as "Confirmation." So buy laggards in
newly-leading groups. World markets will increasingly move in unison (DIWPAT).
There are 37 more of these wonderful "Dinesisms" ...

Chapter 7 On What is the Gambler's Secret Desire to Lose Based? Is it Sex? 71
Does Money Lost Go to What We Call "Money Heaven"? 72
What is the "Secret Desire to Lose"? 76
Chapter 12 How to Understand Your Place in Different Types of Crowds 186
Mass Market Psychology 186
If the World Were Always Logical, Men Would Ride Sidesaddle 186
The Relationship of Sex to Investing 188
Men Seek Sex and Discover Love; Women Seek Love and Discover Sex 192
What is a "Crowd," a "Mass," and a "Public"? 199
How Does a Crowd Form? 203
The Cycle of the Mass in Motion 207
Blood Might Be Thicker Than Water, But Love is Thicker than Tar 207
Collective Definitions: Rumor, Legend, Gossip and Myth 211
A Lie Will Go Twice Around the World While the Truth is Still Getting Its Shoes On 211
Rising Stocks Creating Their Own Justifications 226
Mass Contagion 227
Imitation and Suggestibility 227
Contagion 229
The Dines Greed/Fear Oscillator (DIGFOI) 242
Fads and Fashions 242
Crazes and Binges 248
Demoralization, Panic, and the Return to Sanity 255
Practical Examples of Booms & Busts 263
Extraordinary Popular Delusions and the Madness of Crowds 263
Can "Hot New Issues" Make You Rich? 272
Is Wall Street Another Las Vegas? 275
Do Mysterious Cycles Run Wall Street? 278
Practical Applications of Mass Psychology 281
Approaching the Market Correctly 281
Common Sense Can Supercede Any Kind of Analysis 281
Chiseling Eighths is Too Expensive 286
"Denial" is More Than Merely a River in Egypt 289
Buy-Low-Sell-High, or BLSH 298
There is No Hitching Post in The Universe 301
Should You Average Down? 303
Should You Trade or Invest? 304
The "Secret of Women" is that They Only Want What They Think They Can't Have 304
How to Be A "Tape Reader" 319