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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (73560)3/29/2001 2:17:23 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
"I only can smile at your detailed analysis."

That certainly doesn't surprise me. Do some research first next time and you can contribute instead of only smiling.

"Again he had no reason to justify AG actions regarding monetary policy. It was wrong since July 1998 and that is my point."

Again, on a relative basis to Buffett and Greenspan's, your resume would get you a job washing dishes at the corporate cafeteria. How in the heck could you actually be so arrogant as to think you know 10% of what they know (combined or separately)? BOTH Buffett and especially Greenspan have information available to them you will never see. You think that changes their decision making any? Incidentally, I think the fact that Buffett bought a boatload ($30 bil) of bonds since 1998, I can understand why he is quite pleased with Greenie's decisions (since those bonds have smoked the "SPX"). That said, I don't understand a couple of the LTCM rate drops in 98 nor some of the rises in 99 (other than the absolutely ridiculous Nasdung level), but who the hell am I to question Greenspan, his wisdom, and his access to info I don't have?

Monday morning quarterbacks are usually drunk and have big fat bellies. I suspect it is no diff in the financial world.