by
Vadim Pokhlebkin
1/16/2008 12:15:00 PM
The stock market is a mysterious beast. What makes it tick? Why does it go up? Why does it go down? One of the theories is the "January effect," which states that come December, investors sell their stock holdings for tax purposes, only to reinvest their money in January and give stocks an early-year boost. But, in a fashion typical of mysterious creatures, the stock market likes to surprise...
Filed Under:
january effect, dow jones industrial average, greek mythology, blue chips, small caps, european bourses, stock indexes
Category:
European Markets
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The Mania Chronicles
Save 20% Now Through March 12!
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 With 700 pages and a large, 8-1/2" x 11" format, it's only a "book" in name. In fact, it's an encyclopedic reference that covers every twist and turn of the rise and (initial) fall of the historic financial bubble - all observed and anticipated in real time via The Elliott Wave Financial Forecast and The Elliott Wave Theorist. |
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
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