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There are many types of patterns, seasonal movements and psychological levels and cycles that can almost be "predicted" almost each year in the stock market. Of these the January effect, the Santa Claus rally, Summer doldrum and the October jitters are a few of the more commonly followed ones. In recent times, there has been a new signal that has entered into the minds of traders. These guys must really be sports fanatics as well as mad-traders, because someone has obviously charted the patterns of Tiger's victories along the years and have come up with a fairly close reading of the strength of the markets co-inciding with Tiger's golf victories.
In 2006, for example, Tiger lost his beloved Father and "best friend." Between May and July, he did not go so well. During this time, the world markets also "fell apart." When Tiger came back and started his long string of wins beginning with the British Open in mid July and then the US PGA in September, the markets started its strong up-trend for the next 5 months. During this time, Tiger won an unprecedented 8 wins in a row. In a word, Tiger was running HOT !! So was the stock markets. Now, I don't know about you but I think it is just co-incidental, but who knows. People can put parallels to just about anything if they look for it hard enough. I personally think that these people just have too much time on their hands. What do you think ? Discuss this article on the forums. (0 posts)
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