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To: Victor Lazlo who wrote (123674)4/13/2001 9:39:51 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>see, I thought you were talking about "rational" in the literal sense, which a small no of academics actually believe we have.<<

victor, i think that the rational ("efficient") market philosophy is held by many academics. their biggest problem is that they assume humans are rational beings. ;-)

i *know* this to be not true -ng-

>>i don't want that. I actually have done much better when things were more sane, market moving less crazily either way...<<

this is the kind of market i like - one where analysis and projection actually matter. it will come back, but it may be a while. in the mean time, my 5% returns will have to suffice ;-)