Wednesday 15 April 2015

Will AC effect result in a market correction?

Since last year, the Chinese stock market has been rising and this uptrend was also followed by Hang Seng Index in the recent months. Just few days ago, TVB decided to telecast an old film starting next Monday. For those of us who are old enough, you will remember this film 《大時代》, it's about the stock trading and speculation.
The focus here is on the actor, Adam Cheng. After this show was first telecast in 1992, it followed with a major correction on the Hong Kong stock market. This happens subsequently for the next 32 times whenever his show was telecast, is this a coincident or what. And thus this was known as the “丁蟹效应”

The chart below shows the correction that happened.
http://blogs.wsj.com/
Do you think 'Adam Cheng effect' will happen next week?

1 comment:

Anonymous said...

The coincidences are not to this show but the those times that the actor acts in a new serial.
The chart gives the name of each new series.
I don't think the repeats count - though this, being of the original series that started it all, might be more special.