Axel will use the title as his theme, to examine the accuracy of this old London stockmarket lore, and the methodology to quantify it. He will analyse the Dow Jones Index as well as the DJ Euro-Stoxx-50 Index to show how a technical analyst can beat equity markets over a three to five year time span whilst keeping risk exposure to roughly half of that of a buy and hold strategy. He will end his talk with an outlook for the year ahead.