Does the stock Market Overreact? TORIo Werner F M. De Bondt: Richard Thaler The Journal of Finance, Vol. 40, No 3, Papers and Proceedings of the Forty-Third Annual Meeting American Finance Association, Dallas, Texas, December 28-30, 1984 (Jul,1985),pp.793-805 Stable url http://links.jstor.org/sici?sici=0022-1082%28198507%02940%3a3903c793%03adtsmo%3e2.0.c0%3b2-q The Journal of Finance is currently published by American Finance Association Your use of the JSTOR archive indicates your acceptance of JSTOR'S Terms and Conditions of Use, available at http://wwwjstor.org/about/terms.htmlJstOr'sTermsandConditionsofuSeprovidesinpartthatunlessyou have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the jStoR archive only for your personal, non-commercial use Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http://wwwjstor.org/journals/afina.html Each copy of any part of a jSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission JStOR is an independent not-for-profit organization dedicated to creating and preserving a digital archive of scholarly journals. For more information regarding JSTOR, please contact support @jstor. org http://www」]stor.org Thu Apr2711:16:422006