Danae owned 400 shares of Goodlow Co. stock. After evaluating Goodlows historical stock price performance, Danae determined that the stock price typically fell on the last Tuesday of the month. She sold her stock on the last Monday of the month. The stock price did indeed fall by almost four percent on the last Tuesday of the month. The market in total rose .3 pDanae owned 400 shares of Goodlow Co. stock. After evaluating Goodlows historical stock price performance, Danae determined that the stock price typically fell on the last Tuesday of the month. She sold her stock on the last Monday of the month. The stock price did indeed fall by almost four percent on the last Tuesday of the month. The market in total rose .3 percent that day. These results would suggest that the stock market is at bestercent that day. These results would suggest that the stock market is at best

Multiple Choice

• semistrong form efficient.

• strong form efficient.

• inefficient.

• strong.

• weak form efficient.