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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (32774)1/10/1998 11:07:00 PM
From: randy kay  Read Replies (2) of 58727
 
AHA! A Western spin on Patrick's lunar theory. Maybe there are alot more people out there who trade by 'odd' sounding things than we think of here in North America. For instance, I've read that Chinese people are very superstitious about numbers, ie: I was recently at a store and the guy infront of me had a total of $26.26 and the Chinese clerk said 'AH, a good number' (of course, all I could think was 'yes, a good number for you' <gg>) and I've read that some wealthy Chinese who move to Vancouver from Hong Kong won't buy houses with certain street addresses. Is it possible that there are people out there, maybe alot of them, with huge amounts of cash who are superstitious and they 'make' some of these things happen by being superstitious en mass? For all we know, there could be a whack of rich Chinese investors who freak out and dump everything every time there is a full moon and by doing so, the markets drop and they remain convinced that the markets drop on full moons! In any case, if there is any correlation, for whatever reason, it is worth investigating.

Randy
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