Peter Borish . The ink blots are ambiguous, structureless entities which are to be given a clear structure by the interpreter. Those who believe in the efficacy of such tests think that they are a way of getting into the deepest recesses of the patient's psyche or subconscious mind. The Rorschach ink blot test is a psychological test in which a subject's interpretations of abstract designs are analyzed as a measure of emotional and intellectual functioning. Everyone sees what he or she wants to see.
All opinions seem to be important or carry weight, even if there is no foundation.
A great trading strategy is always rooted in statistics. The Turtle experiment proved that notion incorrect. It happens all the time. The path of least resistance provides insight to people's market attitude. Anticipate major turning points on corrections.