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Subject:  Re: Security Analysis Dead? Date:  9/29/2003  7:01 PM
Author:  solasis Number:  1681 of 1936

its a bit remarkable that after the 1994-2003 period anyone would still push for perfectly efficient markets........ consider that
in 1994 we experienced the worst US treasury bond selloff in history
in 1997 we experienced the worst disruption in the currency markets since bretton woods
in 1998 we experienced an unprecedented meltdown in emerging market debt and LTCM
in 1995-1999 the US stock market experienced for the first time in its history 5 years in a row of greater t