Oct
10
Just a Thought, from Craig Mee
October 10, 2006 |
Could markets' price action be directly related to their nations' overriding mindset? For example, German markets might be influenced by a society which:
1. Performs duties meticulously but can go overboard.
2. Has a degree of arrogance.
3. Suffers somewhat from melancholy.
Could we have a set of adjectives which describe major countries e.g.. US, UK, Germany and Japan, and have them directly related to the distribution which occurs during a trading day. For example, could the German mindset above represent efficiency but a tendency of pushing markets to extremes?
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