Reply to Johansen's comment

Physics – Condensed Matter

Scientific paper

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2 pages, submitted to Europhys. Lett

Scientific paper

This is a reply to Johansen's comment on `Are Financial Crashes
Predictable?', by L. Laloux, M. Potters, R. Cont, J.P. Aguilar, J.P. Bouchaud,
Europhys. Lett. 45, p. 1 (1999).

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