At the Tactical Investor, we combine Mass Psychology with the best aspects of Technical analysis to determine key market turning points. Don’t waste time trying to predict the exact top or bottom in a market. This endeavour best left to fools with plenty of time on their hands. Trying to identify the exact top or bottom is like trying to catch a falling a dagger; a painful process fraught with pain and failure. Instead our focus is on determining whether the masses are Euphoric or in a state of panic; these two conditions are highly effective at signalling market tops and bottoms