Re Greenspan. Does anybody here still believe that they know how to regulate the money supply to optimize the output of the economy?
This is the wrong place to ask that question if you want a serious discussion.
I'd actually suggest "yes, it is possible to beneficially regulate the money supply" but that needs to be qualified with "it's also possible to predict the markets and make billions of dollars".
I don't think we've had a billionaire Fed chairman.
Does this rally not look tired to anyone here?
We are just slowing down in this altitude. There is no real upward momentum.
Wednesday is almost over and we have retraced most of the highs. But what happens now? We just shoot up into the stratosphere?
I still have my doubts. Becoming a more modest bull at the moment.
You're about to become a victim of the sentiment cycle. Strong hands become weak hands and sell to the next round of strong hands. So it goes.
You can't see all the people getting their first bitcoins. If you could you'd be more bullish.
