There are historically three 32-month periods of generally rising prices in the stock market for every one 9-month period of falling prices. This observation leads you to conclude that the stock market exhibits a:
A. random pattern.
B. trend pattern
C. seasonal pattern.
D. cyclical pattern.
Answer:D
There are historically three 32-month periods of generally rising prices in the stock market for every one 9-month period of falling prices. This observation leads you to conclude that the stock market exhibits a:
A. random pattern. B. trend pattern C. seasonal pattern. D. cyclical pattern.