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Re: JoeyJoe321 post# 33732

Thursday, 01/29/2015 8:51:05 PM

Thursday, January 29, 2015 8:51:05 PM

Post# of 63559
My reply to your next post is here: Come on really?


I disagree and as I said, time will tell. You bash with one sentence and acronyms...why shouldn't I retort in kind?

Not wasting anymore posts on this... thank you play again tomorrow.


For those of you who don't know:

We are so undervalued right now...
EFFICIENT MARKET HYPOTHESIS - EMH:

"EMH is highly controversial and often disputed. Believers argue it is pointless to search for undervalued stocks or to try to predict trends in the market through either fundamental or technical analysis.

Meanwhile, while academics point to a large body of evidence in support of EMH, an equal amount of dissension also exists. For example, investors, such as Warren Buffett have consistently beaten the market over long periods of time, which by definition is impossible according to the EMH. Detractors of the EMH also point to events, such as the 1987 stock market crash when the Dow Jones Industrial Average (DJIA) fell by over 20% in a single day, as evidence that stock prices can seriously deviate from their fair values."

Source:
http://www.investopedia.com/terms/e/efficientmarkethypothesis.asp