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Published on Jan 27, 2012
How this works takes just a few easy steps, but I first give credit to Gamefaqs for having this tip available.
Step 1: Make your way through the Lunar Ruins until you reach a Floor of Remembrance similar to the Giant of Babil.
Step 2: Set your Battle Speed to 1, and the Cursor to Keep. Along with this, be sure to give Rosa the White Ring.
Step 3: Once you get into a battle that has a Searcher, kill everyone except Rosa, Edge, and the Searcher.
Step 4: Have Edge Steal just once manually, and have Rosa use Miracle once manually.
Step 5: Turn on the Auto Battle and go to town! Thanks to having the cursor set to Keep, Edge will automatically Steal Sirens every turn in an unlimited fashion, with Rosa keeping him healthy with Miracle.
Be sure to keep your PSP plugged into its' charger while you do this and you're good to go. In just 1 hour of doing this, I accrued over 1200 Sirens, which are used to call the rarest enemy encounter in whatever area/room you're in, i.e. Flan Princess' in the Lunar Subterrane.
This was recorded on my iPhone4 for those curious, which explains the iffy quality.