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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (13008)7/9/1999 7:16:00 PM
From: DKR  Read Replies (2) | Respond to of 27311
 
In an efficient market, convention and objectivity are nearly synonymous-at least in effect. There is nothing more objective than a computer and even the most powerful computers have not figured out a plan for consistently beating the market. Foresight, hunches, luck and guts are the only tools used to achieve abnormally high returns (and losses). You could always buy an index fund but you wouldn't have any risk takers to snipe at...I imagine the Vanguard Index Fund chat room isn't nearly as much fun for you. Objectivity is an oxymoron as it relates to human beings; objectivity is in the eye of the beholder, and thus flawed. Collective objectivity by market participants is conventional and portends absolute efficiency in the market. Any how, I need a drink, and I intend to go home and watch the White Sox beat up on the hapless Cubbies.