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Mauldin this week on subprime - good read

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  • Mauldin this week on subprime - good read

    http://www.2000wave.com/article.asp?id=mwo031607

    A good counterpoint may be Niederhofer's review of Sornette's (geophysicist looking at the markets) book

    (Coles notes version - long tails explain all of Sornette's observations, and Sornette's low number of data points is way too low to be statistically convicing.)
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