The EMH (Efficient Market Hypotheses) is one of the most incessant and respected theories in finance, yet it still comes under heavy criticism. The EMH has been based on an earlier theory that the market prices follow a random walk, hence they are unpredictable. For the purpose of the research,...

On April 14, 2000 the New York stock exchange experienced one of the more strong falls of the last ten years. The abrupt crumbling of the NASDAQ Composite Index, index that groups the so called New Technologies companies, after two years of important earnings of capital gave origin to a current...