VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (32961)	3/10/2001 11:50:22 AM
From: Jill	Read Replies (1) of 65232

Greenbug comes from a different era--there's a bit of schadenfreude here (joy over others' pain)--not that he didn't hvae genuine concerns about a bubble--but he didn't wait for rate hikes to work their way through the system, so that shows something else is at work here: I don't think someone of his age/ilk could stand the golden age of the tech boom--it looked like too much easy $--just resentment--give them a taste of "reality"--a reality he helps create This is not embittered commentary, but I think that people are moved by the irrational more than the rational--I believe he'd cut for his friends hedge fund but not for the economy--they use the rational to "rig" the thing, to justify actions. And what is the "rational" anyway--i.e. statistic, inflation bla bla bla--there are so many different perspectives on that its just opinion anyway

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