There Are Historically Three 32-Month Periods of Generally Rising Prices

question 17

Multiple Choice

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.

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Definitions:

Resistance Stage

The second stage of the GAS, characterized by prolonged sympathetic activity in an effort to restore lost energy and repair damage. Also called the adaptation stage.

Endocrine Activity

The various functions of the glands in the endocrine system that secrete hormones directly into the bloodstream.

Internal Locus

A psychological concept where an individual believes they can control their life and outcomes.

Control

The power to influence or direct people's behavior or the course of events.