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Old 07-23-2010, 03:52 AM   #19
agiopwer

Join Date
Oct 2005
Posts
441
Senior Member
Default
Any discussions I have seen about market efficiency references AVAILABLE information (as in available to all) driving the price.

Uhhhh.....NO



The WHOLE POINT OF THE MARKET is to aggregate various pieces of information together with judgment in order to represent everything as a single price.
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