Friday, October 19, 2012

Is Olympics a good contradictary market indicator?

When Greece hosted the Olympics, I know they will create a lot of white elephants and the old civilization will created. 100% correct.

When E. Germany gained most medals, next years they were acquired.

When the USSR gained most medals, next years they're dissolved.

Only Asian countries and Australia did the opposite: Japan, S. Korea and China (I'm not 100% on China).


Barcelona '92 and Turin, Italy '96 (winter) might fit this analogy as well. 

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