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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Charles R who wrote (88584)1/20/2000 3:48:00 PM
From: kapkan4u  Read Replies (1) | Respond to of 1573258
 
<Are you familiar with Efficient Market Theory?>

Sold more puts: 50 Feb $40 contracts for $4. Was that efficient?

Kap



To: Charles R who wrote (88584)1/20/2000 6:18:00 PM
From: Petz  Respond to of 1573258
 
Chuck, re:<Are you familiar with Efficient Market Theory?>
I am, yes, Burton Malkiel taught my Econ 101 class, but never mentioned "A Random Walk Down Wall Street."
I thought Norman Fosback's book "Stock Market Logic" pretty much destroyed the Efficient Market Theory and most academicians now accept that the market is only" weakly efficient."

Petz


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