Friday, May 29, 2009

 

传统智慧?

Market movements are random. Traditional wisdom says "January effect" or "一月效应". HSI turned out to drop from 14,387 to 13,278 in Jan09 or a fall of 7.7%. Traditional wisdom says "Sell in May; walk away" or "五穷六绝七翻身". HSI turned out to rise from 15,521 to 18,171 in May09 or a rally of 17.1%

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