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DewDiligence

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DewDiligence

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Re: oldberkeley post# 11815

Thursday, 01/07/2016 6:43:05 PM

Thursday, January 07, 2016 6:43:05 PM

Post# of 29303
Re: Circuit breakers

A lot of people—including those who run the US stock exchanges—apparently accept the purported logic that a trading halt enables cooler heads to prevail when trading resumes. (I was stymied by a Nasdaq circuit breaker on ENTA: #msg-117918952.)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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