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People liquidate assets during December Holidays for buying presents, vacationing, and so forth. In other news, water is wet.
by ihsw2 9y ago
People liquidate assets during December Holidays for buying presents, vacationing, and so forth.
In other news, water is wet.
- ddorian43 9y agoReally ? People sell stock to buy presents and go vacations ?
- ihsw2 9y agoSure, check the S&P 500 index price. It always dips come December.
- ac29 9y agoI did. It is December and it is up. Granted the month isnt over, but certainly it can't always dip in December. Even if it reliably did 60% of the time, that would quickly turn into a profitable trading strategy and it would stop happening.
- nrhk 9y agoAsset prices usually dip in Dec
- PUSH_AX 9y agoSomething something correlation causation.
- Nursie 9y ago>> People liquidate assets during December Holidays for buying presents, vacationing, and so forth. Everyone's buying presents at the last possible moment then?
- cm2187 9y agoBetween the time to execute the order, transfer the cash on your bank account, and buy something ahead of christmas, I would have expected people to do that a lot earlier.