Bangladesh stock market plunges 9 percent!

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investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Bangladesh stock market plunges 9 percent!

Only Jan 10th and market crash

http://www.zerohedge.com/article/bangladesh-stock-market-plunges-again-l...

Dogs_In_A_Pile's picture
Dogs_In_A_Pile
Status: Martenson Brigade Member (Offline)
Joined: Jan 4 2009
Posts: 2606
Re: Bangladesh stock market plunges 9 percent!
investorzzo wrote:

Only Jan 10th and market crash

http://www.zerohedge.com/article/bangladesh-stock-market-plunges-again-l...

Zo -

Looking over historical charts in "Markets In Motion", there is typically a sell-off in January following an up year.  Take profits in January and push the earnings into the next tax year as opposed to selling off in December (which historically happens in a down year to take advantage of the losses for tax purposes)

http://www.amazon.com/Markets-Motion-Ned-Davis/dp/0471732818#_

 

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