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Re: Off topic: Does anyone have humorous arguments AGAINST efficient market hypothesis ??



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That's almost as good as my attorney's - Dowe Cheatem and Howe.
Steve
----- Original Message -----
From: "Bill Wynne" <tradewynne@xxxxxxxxxxx>
To: <stnahc@xxxxxxxx>; <r.bianchi@xxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Thursday, October 04, 2001 3:32 PM
Subject: Re: Off topic: Does anyone have humorous arguments AGAINST
efficient market hypothesis ??


> "funny" broker's name:
>
> Howe, Burnham, and Steele
>
> BW
>
>
> >From: Lawrence Chan <stnahc@xxxxxxxx>
> >To: Robert Bianchi <r.bianchi@xxxxxxxxx>, omega-list@xxxxxxxxxx
> >Subject: Re: Off topic: Does anyone have humorous arguments AGAINST
> >efficient market hypothesis ??
> >Date: Thu, 4 Oct 2001 05:33:29 -0700 (PDT)
> >
> >
> >An old story in economic theory ...
> >
> >Long time ago ...
> >There is this tree full with an unnamed fruit.
> >It is sitting next to a main road where a group of tourist just arrived.
> >(1)
> >
> >Almost all the tourists try to pick the fruits off the tree.
> >Some of the kids even tried to climb onto the tree and get hurt. (2)
> >
> >Some end up with some success.
> >Some collect more than they can eat.
> >Some collect nothing as they fails to climb the tree. (3)
> >
> >There is this old guy smoking his pipe did not even try.
> >And he said to himself,
> >'The fruit must taste really bad, otherwise those who
> >live here will leave nothing for us ...' (4)
> >Of course he is right :)
> >
> >
> >Lawrence
> >p.s. each part explains a economic principle and
> >it proves EMT in (4) but disprove it in (3).
> >Lots of room for discussion because (4)'s assumption could be incorrect
:)
> >
> >--- Robert Bianchi <r.bianchi@xxxxxxxxx> wrote:
> > > Hi All,
> > > I have to engage in a "humour" debate where I will be defending
> >"Technical
> > > Analysis" and an academic is debating the case for "Efficient Market
> > > Theory". This is a "tongue-in-cheek" debate which is meant to be more
> > > entertaining than a serious debate.
> > >
> > > Does anyone have any interesting statements that are serious, humorous
> >or
> > > otherwise that either SUPPORTS Tech Analysis or CRITICISES Efficient
> >Market
> > > Theory ??????
> > >
> > > I am trying to build up the weaponry and arsonal for this humorous
look
> >at
> > > financial markets.
> > > Any colorful comments will be gladly used on the day.
> > >
> > > Best Regards,
> > >
> > > Robert Bianchi
> > > r.bianchi@xxxxxxxxx
> > >
> >
> >
> >=====
> >Lawrence Chan   http://www.tickquest.com
> >Transform market data into opportunities
> >
>
>
>