Which of the following statements regarding the efficient market hypothesis (EMH) is incorrect?
A. An efficient market is a perfect market where you can make large profits.
B. If the market is efficient in its strong form, it reflects all available, public and private, information.
C. The semi-strong form efficiency means that market prices reflect all publicly available information.
D. A market that only reflects the past price and volume information is a weak-form efficient market.