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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (2562)	3/23/2001 6:08:31 PM
From: MeDroogies	Read Replies (2) \| Respond to of 74559

I have a Templeton Fund account. I absolutely know his qualifications. That said, I have repeatedly pointed out that opinions are, well, just that...opinions. Had I listened to Alan Greenspan in December of 1997, I believe it was, when he made his first "irrational exuberance" statements, I'd not have made money over the next 3 years. Being of sound mind...I kept his comments in my back pocket and took profits whenever it made sense, because I know how to play the game. But he was wrong...for all intents and purposes...for 3 years. That is, the market may have been irrationally exuberant, but it kept going and I'm glad I didn't take his comments totally to heart, I trusted my judgement and the sound economic figures that allowed me to formulate a solid background for investing properly. Similarly, I won't listen to the qualified authority figures now, because the numbers aren't there yet. I keep their comments handy, but until the numbers add up, I don't feel they carry weight. As for the person who posted sardonically regarding my IQ and Jay's...I merely posted that information because Jay is fond of disclosure and began to get ugly with me first. Could be that Jay has a ridiculously high IQ...good for him. I don't really care. As far as I know, on these threads, the original rule of the internet continues to hold forth - on the internet, nobody knows you're a dog. Which is personally why I've avoided disclosure each and every time Jay asked for it. There is nothing to be gained from it because you don't know me and I don't know you. But for some reason, you guys like this stuff. To each his own.