> > If prices really are going up for a period of time
> > solely on expectation that someone else will always be willing to pay
> > prices even more unjustified by business fundamentals than the price the
> > previous buyer paid, then it would be possible to predict that the
> > overbid stocks
--- Alypius Skinner <[EMAIL PROTECTED]> wrote:
> If prices really are going up for a period of time
> solely on expectation that someone else will always be willing to pay
> prices even more unjustified by business fundamentals than the price the
> previous buyer paid, then it would be possible to
> > --- Alypius Skinner <[EMAIL PROTECTED]> wrote:
> > > A statistical physics model is predicting that the
> US stock market
> > > recovery suggested by recent rises will only last until
> spring next
> year,
> > > before tumbling yet further.
> >
> > Why would this contradict efficient ma
> --- Alypius Skinner <[EMAIL PROTECTED]> wrote:
> > A statistical physics model is predicting that the US stock market
> > recovery suggested by recent rises will only last until spring next
year,
> > before tumbling yet further.
>
> Why would this contradict efficient markets?
I original
--- Alypius Skinner <[EMAIL PROTECTED]> wrote:
> A statistical physics model is predicting that the US stock market
> recovery suggested by recent rises will only last until spring next year,
> before tumbling yet further.
Why would this contradict efficient markets?
The efficient-market p