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Investing > Hemline Theory
The following information is about Hemline Theory.
Hemline Theory Defined
Capricious idea that stock prices move in the same direction as women's dress hemlines. Short dresses and skirts are considered bullish signs that stock prices will rise. Longer dresses and skirts are considered bearish signs that stock prices will decline. Notwithstanding that it is occasionally correct, the hemline theory has endured more as wishful thinking than serious market analysis.
See Also: Bear Market; Bull Market; Market Analysis
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Thu Jun 5
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