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Strategies & Market Trends : P&S and STO Death Blow's

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To: Win-Lose-Draw who wrote (11947)10/23/2002 2:25:30 PM
From: LTK007  Read Replies (1) of 30712
 
****<my guess this will "disappear" along with the b2b bill number..... Stiglitz got the Nobel prize for the asymmetry of Information between buyers and sellers. What you write about "disappearing" is classic example of this asymmetry.
By the way, the brilliant Stiglitz, considers the efficient market theory to be total BUNK.
Stiglitz says, contrary to the the concept the market always right, the fact is; it is OFTEN wrong.
This whole BS rally has been by "disappearing" awful news and arbitarily upticking market to shamelessly sucker the buyers.
Super example of asymmetry of Information.
But at some point the Boyz, they will crash and burn this market on the news they are suppressing. Max
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