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

To: tradermike_1999 who wrote (15758)	2/27/2002 5:59:43 PM
From: Snowshoe	Respond to of 74559

will have some choice words about him tomorrow Fleck has some choice words today... grantsinvestor.com Alan Flunks Aftermath Math In summing up his cluelessness, Greenspan said, "When I presented our report on monetary policy to this Committee last summer, few if any of us could have anticipated events such as those to which our nation has subsequently been subjected. The economic consequences of these events and their aftermath are an integral part of the many challenges that we now collectively face." He still doesn't get it. Our problems are not a result of the bursting of the bubble, our problems are a function of 9/11, according to Easy Al. So, there you go! The guy who says that things are getting better for a couple of spurious reasons, and technology and derivatives saved us, is the same person who didn't see the downturn coming, who didn't understand anything along the way, and who created the bubble that caused the problem. Abdicate Or Be Pushed From Discount Window The above is not meant to be a complete and total reprise of his speech, as I did not have a tremendous amount of time to go through it all today, but I think you get the flavor. And this, ladies and gentlemen, is what people were hanging on the edge of their seats to hear. The greatest thing about the year 2002 is going to be that when the economy doesn't come back, the stock market finally sinks, Alan Greenspan will finally be exposed as the total charlatan that he is, so we can try to get somebody in there who might have a clue about pursuing policies to put us on a sounder path going forward. The only problem is that by the time somebody else gets in there, the situation will be such a mess that there won't be any good options left. (Actually, this is the predicament we're already in.) Or, to reprise my words from a speech on May 2, 2001, at the Grant's Interest Rate Observer Conference: "All chain letters and Ponzi schemes end, which is really what a bubble is at its core. While in progress, they are literally unstoppable; once the process collapses, it is over, regardless of the wishes of the trapped participants, the central bank or the government." Note: Next week Fleck's Market Rap is moving to realmoney.com

To: tradermike_1999 who wrote (15758)	2/27/2002 8:48:59 PM
From: westpacific	Read Replies (1) \| Respond to of 74559

this rally could be a 'false dawn' - A. Greenscum Greenie has no clue, on one response he made the comment this rally could be a 'false dawn', those were his exact words!!! Mike, those congressman know the game!!! Also Ron asked why the central banks keep pushing down gold, hammered him on the fact he has destroyed savings for savers. And Bernie: US Federal Reserve is full of lies and scams - just like ENRON!!! And did you see the scam mans face when he said that - biggest smile I have ever seen, cause he knows it is the truth. One very negative report if you ask me, he is as clueless as everyone else.