Stock price cycles or patterns self-destruct as soon as investors recognize them through:
A) stock market regulation by the Securities and Exchange Commission (SEC)
B) price fixing by the specialists on New York Stock Exchange
C) trading by the investors
D) none of the above

Question

Quizplus · Accepted Answer

Stock price cycles or patterns are based on supply and demand, which is determined by investors' actions. Once investors recognize a cycle or pattern, they will act in a way that disrupts it, thus causing it to self-destruct. The SEC regulates the stock market and enforces securities laws, but it does not directly impact the cycles or patterns. Price fixing by specialists on the NYSE is illegal and also does not directly impact the cycles or patterns.

Stock Price Cycles or Patterns Self-Destruct as Soon as Investors