Short Skirts: A Stock Market Indicator in 1999... 2007... and 2017?
"Stock prices and hemline heights move up and down together."
by Bob Stokes
Updated: October 11, 2017
Guess what came back into fashion just as stocks were heading toward a major top in the late 1990s? It was the mini-skirt. And in early 2007, high hemlines made a return -- again. Now, in 2017, with stocks in record-high territory, here's a mini-skirt update.
You've got to be kidding! ...
... do women's hemline heights really serve as a stock market indicator?
Over the years, many skeptics have expressed such sentiments. But -- after they see the evidence that hemline heights and stock market prices do move up and down together -- their skepticism usually vanishes.
Then again, others express doubts that the stock market is patterned. Again, after they see the evidence that market prices do unfold according to the Elliott wave model, their skepticism usually disappears.
And, RIGHT NOW, EWI's analysts see clarity in the DJIA's chart pattern -- and they've just made an IMPORTANT FORECAST based on that clarity.
See what they see -- now! -- while there's still time to act to protect your portfolio.
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