On Wed, Aug 21, 2019 at 7:44 PM Jose Mario Quintana <[email protected]> wrote: > I do not recall asserting that any particular form of the EMH holds. Do > you?
As you pointed out today: > Recall, the information related to the three forms is nested: > > Weak - Past Prices (and Volumes) < Semi-Strong - All public Information > < Strong - All Public and Private Information So, as I understand it: if the weak form EMH is invalid, all forms of the EMH are invalid. That said, you are correct: I do not recall you ever saying that you believe that any form of the EMH is valid. Thanks, -- Raul ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
