Category Archives: Folklore

Scripta Manent

Posted on January 8, 2013 by Michael Harris

Longer-term market forecasts are quite common this time of the year. By longer-term I mean forecasts about the market beyond a few weeks or a couple of months. The act of conceiving and announcing such forecasts should be the subject of Psychology and … Continue reading →

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Culturomics and Market Trading

Posted on September 18, 2012 by Michael Harris

Using the Google Ngram Viewer one can spot trends that agree with experience. For example, one can confirm the empirical fact that market trading and technical analysis are losing popularity.

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“Death Cross”: It’s the Lag, Stupid

Posted on July 21, 2012 by Michael Harris

A “death cross” panic is about to hit the market thanks to the serious efforts of some naive analysts who like to spread hype. After the 50-200 daily “death cross” was debunked, they have now turned to a 50-200 monthly “death cross” … Continue reading →

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Higgs Fever Means Little to the Market

Posted on July 2, 2012 by Michael Harris

In the midst of severe economic problems that can lead to social instability in many countries in Europe and elsewhere and maybe an eventual breakup of EU, there is a Higgs fever in the physics community. This is a particle named … Continue reading →

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Lessons from a Former Trading Addict

Posted on May 26, 2012 by Michael Harris

I had to climb up a steep cliff to get service for my mobile phone. I had several bruises and cuts when I reached the top but full signal strength for my phone. I used quick dial to call my broker to place the order I was … Continue reading →

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Eight Investment Lessons I do not Need

Posted on March 31, 2012 by Michael Harris

Another “lesson” list I do not agree with. 

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Are Some People Able to Predict Market Moves by Seeing Into the Future?

Posted on June 4, 2011 by Michael Harris

If this is true, it is a serious issue that can jeopardize the whole idea of fair markets and much more. The question is: Are there people that can see into the future and as a result profit from future market … Continue reading →

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Mass Psychology and Fibonacci Retracement Levels on March 15, 2011

Posted on March 16, 2011 by Michael Harris

The market behavior on Tuesday, March 15, 2011, was driven by mass psychology, which in turn was driven by fear and greed caused by the Japan earthquake aftermath. The big winner of this market behavior was Leonardo of Pisa, a.k.a. Fibonacci. The … Continue reading →

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Models, S&P 500 Returns and Related Folklore

Posted on February 17, 2011 by Michael Harris

According to Investopedia, the Sports Illustrated Swimsuit Issue Indicator was first coined by the Bespoke Investment Group. This indicator suggested, when it first appeared, that when the cover model is an American the S&P 500 has a higher probability to generate a yearly … Continue reading →

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Trading Moon Phases and Related Folklore

Posted on October 25, 2010 by Michael Harris

  I recently came across this study. The results of the study and the claims made in it raised many questions in my mind which I could not overlook just like that. I do not believe that Astrology can be … Continue reading →

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