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S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,258.80
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0.00%
)
Dow Jones
39,134.76
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0.77%
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Brent Oil
84.81
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-0.24%
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Post# of 252279
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DewDiligence

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DewDiligence

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Re: jbog post# 86433

Tuesday, 11/17/2009 6:56:45 PM

Tuesday, November 17, 2009 6:56:45 PM

Post# of 252279
PARD’s 2-day rollercoaster leaves a whopping loss—multiplicative arithmetic really bites in cases like this.

Yesterday: -76% (failed trial in SCLC)
Today: +36% (“new” data in CRC)
=====
Cumulative 2-day change: -67%


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

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