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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: AllansAlias who wrote (32190)3/1/2001 3:39:43 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
and you can stop your "pontification" and "patronizing" comments
which seem to be condescending at the same time as soothing
yes, human elements have crept into Fed policy
but I object to extreme reverence to individuals who make serious errors consistently
like with Alan Greenspan, whose language makes him a murky target
he and his Fed have zero checks and balances
which are typically gauranteed in our Constitution

what upsets me the most is my foreseeing excessive Fed tightening in summer2000
but not trading the short side
for Gosh sake, Naz has come from 4000 at LaborDay to almost 2000 on March 1st
that speaks volumes to excessive and imprudent monetary policy

we can do nothing about it, right
so we must move forward, to be sure

in my view, you come across as "above the fray" and even "superior"
you also come across as "indifferent to the pain of others"
if I am angry, then you are condescending
leave it there
your private memos to me have been much appreciated in tough times
so dont get me wrong

I re-read my posted messages once in a while
and I conclude I am an angry jackass who lost control
try re-reading yours
tell me what you conclude
I am not up for a pissing contest
the chronic tightness in my chest, and depression in my mind leave me unprepared

sincerely / jim
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