Price Patterns

Nhà cung cấp McGraw-Hill
Tác giả Martin J. Pring
document.converter McGraw-Hill
Người dịch McGraw-Hill
NXB 340
Ngôn ngữ Tiếng Anh
Năm xuất bản 2008

Giới thiệu về sách

Changing Attitudes and Changing Prices

A classic example of changing attitudes that affected prices developed in the 1970s and early 1980s. In 1973, a group of stocks known as the “Nifty Fifty” peaked after a phenomenal rise during the 1960s. These were known in the trade as “one-decision” stocks, because their earnings went up every year, as did their prices. People came to the conclusion that there was only one decision to make where these stocks were concerned: just buy! These stocks included such growth names of the time as Kodak, Xerox, McDonald’s, and IBM. During 1973 and 1974, they declined substantially in price, along with the rest of the market.