Quick Search


Tibetan singing bowl music,sound healing, remove negative energy.

528hz solfreggio music -  Attract Wealth and Abundance, Manifest Money and Increase Luck



 
Your forum announcement here!

  Free Advertising Forums | Free Advertising Board | Post Free Ads Forum | Free Advertising Forums Directory | Best Free Advertising Methods | Advertising Forums > Free Advertising Forums Directory > General Free Advertising Directories

General Free Advertising Directories This is a list of general free advertising directories.

Reply
 
Thread Tools Search this Thread Display Modes
Old 05-18-2011, 07:30 AM   #1
linxswjlz
 
Posts: n/a
Default global beauty chi flat iron [经济学人].The.Economi

efficient-market hypothesis,beats by dre logo, which suggests that past price movements should provide no guide
to future changes. It cannot be explained away by saying that high-performing stocks are more
risky,global beauty chi flat iron, or by arguing that the trading costs involved in such a strategy would eat up all the profits.
Although the momentum effect has been amply documented it has never been properly
explained. Perhaps investors are slow to react when the fortunes of companies change; one good
set of results can be dismissed as a fluke,san jose sharks jerseys, but after two or three bumper periods the share turns
into a wonder stock. Another possibility is that fund managers create the momentum effect by
"window-dressing" their portfolios with the market's recent favourites (it looks much better to
close a quarter owning the market leaders).
A second puzzle is why the effect has not been arbitraged away. The answer probably lies in
timing. Clearly the momentum effect cannot last for ever or share prices would head for infinity.
  Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT. The time now is 12:02 PM.

 

Powered by vBulletin Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Free Advertising Forums | Free Advertising Message Boards | Post Free Ads Forum