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Posted on 6/7/10 at 4:18 pm to samisrael
Yes, I was trying to further support the point that the market is in a constant state of adjustment to a billion different things, and that the movement from one day is not completely disconnected from the movement from a previous day (or the upcoming day). Time horizon is infinite and all information isn't completely and accurately factored in immediately (imo), expectations are always evolving.
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