Stocks and Hemlines
It is believed that the stock markets go up and down with the rise and fall of the hemlines in ladies skirts and dresses.
Proof of this phenomenon is in the following historical facts:
– Glamour stocks and mini skirts soared in 1993.
– Conglomerates and hemlines went down in the spring of 1994.
– Hot pants led the Dow Jones up in 1971.
The advice to the investor then, is, “Don’t sell until you see the heights of their thighs!”