ajtj99's Market Pulse

[LG]

Man the more of these Greenspan interviews I see, the more I am under whelmed by Greenspan. On 60 Minutes last night, (paraphrased) he mentioned he was becoming less sure of his ecometric models (I think that is what he called his stuff) and over the past few years had begun to notice the influence of exuberance during bull markets and fear during bear markets.

To that I say.....DUH!

IMO, Greenspan and the FED has been the enabler of the various bubbles we have seen over the past years.

Greenspan's book and interviews remind me of a fighter's face smeared with Vaseline to help slip punches. Greenspan is on a mission to rewrite history in an effort to rescue his legacy...

LG