Re: "...markets are fundamentally chaotic, not efficient"? Really?

Mr. Crispin? Fuck you. With a brick. Now, exactly what did that nasty little bit of vituperation have have to do with our admittedly equivocal discussions about the definition of randomness, and whether any given market was a random process -- definitional prestidigitation aside -- and thus as efficient as it was ever going to be? Something any finance major, and probably any electrical engineer, for that matter, is taught in the third week of school? Not a god-damned thing. A point, which, if you actually go back and *read* the asinine (woops!) bit of logical sophistry (so sorry!) you eventually found yourself in, you might have actually comprehended. If you didn't fancy yourself as God's Gift to Disputation (damn... another one; I simply *must* stop this). Which, of course, was my point in showing you all your ad hominems. A point you didn't actually get, insisting on piling on more instead, so you could "prove" your point with a veritable bestiary of informal fallacies. (The nadir of which, by the way, was asking me to clarify something I said in passing, and then calling it a "straw man" in reply. Remarkable.) Having watched you for a while, and having determined that you have nothing new to add to the discussions here, I have no compunction whatsoever about putting you into my killfile. With a brick, Mr. Cretin^h^h^h^hispin. <Plonk!> Cheers, Bob Hettinga ----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 44 Farquhar Street, Boston, MA 02131 USA Lesley Stahl: "You mean *anyone* can set up a web site and compete with the New York Times?" Andrew Kantor: "Yes." Stahl: "Isn't that dangerous?" The e$ Home Page: http://www.shipwright.com/
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Robert Hettinga