Daily stock tendencies by L. R. James
ARTICLE SYNOPSIS ...Daily stock tendencies
by L. R. James
Most of us who have done a substantial amount of stock trading would agree that the broad market
does a lot of funny things. In theory, the stock market is a vast, highly efficient mechanism that takes in
information, evaluates it and adjusts its pricing according to its consensus opinion of the future. Over the
longer term, that's basically what it does. However, over shorter periods of time, there are some
interesting quirks in the way the market operates.
One of the more interesting of these departures from efficiency involves changes in stock prices ...