A brief analysis of May 2004 crash in the Indian market

作者:Giordano Matteo*; Mannella Riccardo
来源:Fluctuation and Noise Letters, 2006, 6(3): L243-L249.
DOI:10.1142/S0219477506003380

摘要

Following the victory of the Congress Party, the Indian SENSEX index crashed in May 2004. We present a brief analysis of the crash, showing that very likely the crash was due to the outcome of the Indian elections, but in a situation of very high instability, with the market already past a transition point, well described by the Sornette-Johansen model.

  • 出版日期2006-9

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