How to best deal with KOOKS at this web site Message Board

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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (342)	5/10/1997 4:00:00 PM
From: Bill Ulrich	of 1894

Ice: From my previous post: "If an individual here correctly observes a pattern between Greenspan's comments and corresponding market reactions, then he can profit from it." I don't mean to over-simplify or trivialize the matter, but when he starts talking about 'economic indicators showing an overheated market' and proposes Fed rate hikes, you have a pretty good idea of what's going to happen to the market for a little while. At least, this is the pattern I've observed even dating back to Volcker...with these guys, you have the opportunity to react with some predictability. If you don't exercise that, and you lose money, it doesn't make them dangerous. This is entirely different from a scenario where novice or semi-pro investors believe some faked 'info' from a short and sell their holdings, later finding out they were duped. -MrB

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