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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (11387)9/3/2003 10:30:05 AM
From: Cary Salsberg  Read Replies (1) | Respond to of 95617
 
RE: "In the short term market prices are set by emotional and fallible human beings with huge perceptual biases that regularly interfere with the always difficult task of valuing intangibles."

In the short run, prices are set by rational expectations of price movements based on logical interpretation of news, technical analysis, and valuation.