Published Date:
31 August 2009
By Bill Jamieson
STOCK market bulls and followers of the Efficient Markets Theory should take a holiday. For "Sad September" is almost upon us – the month that, for reasons that company analysts and disciples of chart analysis cannot explain – stock markets are susceptible to setback.
The first tremors of the 1929 great stock market crash occurred in September. The secondary banking crisis emerged in September. The Asian financial crisis erupted in September. Lehman Brothers crashed in September. Little wonder that for investors t...
-
Last Updated:
30 August 2009 9:12 PM
-
Source:
The Scotsman
-
Location:
Edinburgh
-
Related Topics:
Scrutineer
,
Bill Jamieson
