Thursday, March 18th, 2010

Financial markets are actually incredibly efficient.
Before you stone me for heresy, let me explain.
Typically, the phrase “Efficient Markets” carries the connotation that markets are efficient at the valuation of assets. This is laughable and categorically not the case. But there is something that markets are very efficient at: Seeking out liquidity. [...]

Fly says two major financial institutions to collapse, and I would consider BSC one of two… as king of the peanut gallery, Dpeezy , pointed out through optionaddict.net, [[MER]] has fishy activity much like [[BSC]] did…
As for SKF, RaginCajun bought it at 113.12, gunners in the comments said he bought at “112.48. crazy market”. [...]