A theory that stock prices move in the same direction as the hemlines of women's dresses. For example, short skirts (1920s and 1960s) are symbolic of bullish markets and long skirts (1930s and 1940s) are symbolic of bearish markets.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A theory of investing stating that market trends follow the length of women's skirts. That is, when women wear short skirts, there is or will be a bull market; when they wear long skirts, there is or will be a bear market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The theory that holds that stock prices tend to move in the same direction as the length of hemlines on dresses. Thus, rising hemlines are a bullish sign and falling hemlines are a bearish sign.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.