V. 20:6 (102-105): Working Money: Gibson's Paradox by David Penn

V. 20:6 (102-105): Working Money: Gibson's Paradox by David Penn
Item# \V20\C06\129GIB.pdf
Availability: In Stock

Product Description

Gibsonís Paradox by David Penn

Can an old gold-standard truism tell us anything about stocks and bonds today?

One of the more helpful tenets of intermarket technical analysis has been the rediscovery of the leading relationship between stocks and bonds. In most market conditions, stock prices tend to follow bond prices. While there was a significant lag from time to time, this pattern held up remarkably well for most of the 20th century ó so much so that it has become almost a truism among those technical analysts who include intermarket study in their observations. As John Murphy wrote in his classic Intermarket Technical Analysis, "Since bonds and stocks are historically linked together, technical analysis of one without a corresponding analysis of the other is incomplete. At the very least a stock market trader or investor should be monitoring the bond market for confirmation."

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order