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You are aware that your neighbor trades stocks based on mathematical algorithm that he developed to predict their future prices using historical trades and prices

You are aware that your neighbor trades stocks based on mathematical algorithm that he developed to predict their future prices using historical trades and prices . This neighbor continually mentions to you about the fact that these trades do not make any profit through arbitrages . Given this , you would tend to argue that the stock markets are form efficient at best 1.Weak 2Semi -strong 3 Strong

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