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RealMoney.com is having an "open house" Nov 12 2002. For one day you have free access to their material. I think it is a good place for some great stuff. My favourite contributors are Fleckenstein, Greenberg and Task. Remember that you can go back in the archives and read their previous stuff...

Yes and no. Monetary policy is obviously their domain. The tools that they have at their disposal are: moral suasion (1996 "irrational exuberance" speech) Fed funds rates/Discount rates margin requirements control of fractional banking system...

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&mfcisapicommand=ViewItem&item=1871775187 You've got about 5 hours left on the auction!! Hurry!!

http://newton.dep.anl.gov:70/askasci/bio99/bio99335.htm Do I get a lifetime pass to your site? :D

1] This is not true. What graphs are you looking at? Weekly year over year growth of 15% in MZM is 'normal' to you?!?! 2] There was no fundamental change in business...you mean the productivity myth perpetuated by Greenie? the reason why people were buying was because as he himself put...

darkhorse, good point! Hereby my contributions cease (to this thread).

praetorian, I think there were others who were right beside Fleckenstein in that regard, but their numbers are very small. Among them is the great Jim Grant (www.grantspub.com). One of the great financial thinkers today. Another is David Tice of www.prudentbear.com Unfortunately, most of...

I'm not calling them idiots because they tripped and fell down. I'm calling them idiots because they are so full of themselves that they believe that they can dictate to the market what it should do. And when it doesn't do it, rather than becoming humbled and admiting they were wrong to do what...

Excerpt from Gene Epstein's article in Barron's [11/9/02]: "Libertarian Rep. Ron Paul of Texas, who happens to know more economics than most economists, tells the story of an encounter with Alan Greenspan that is filled with irony. Paul asked the Fed chairman to sign his copy of an essay...

"unlucky"?!?!? That is a whopper of a euphemism! You should be a spin doctor on the pay roll of a political party!! They basically brought the financial world to the brink of total collapse!! 'got unlucky'..... :D :D The only reason they made more money was because they were using...

chasinfla, If Greenie is accomplished in anything, it is in self preservation and public relations. While he has recklessly flushed the economy of the US down the toilet, he has maintained the image of an omnipotent king, more powerful than president, congress and the two put together...

FPC, you're back! You had some people (one of your other handle's) looking for you. Glad to see doing yourself right.

They only thing I don't get is that they are going to come out with a SSF for the DIA. Now am I crazy or is that just silly? What is cool though is they will have some narrow indices (sectors) allowing us, in a sense, to trade a basket of like SSFs.

Come on! Greenspan made more than a few mistakes. He was the chief cheerleader of the mania. He kept harping on the 'productivity' miracle that the US was supposedly experiencing....that turned out to be a statistical mirage. He quoted stock analysts and based on their aggregate opinions...

vladiator, The mistake that the geniuses at LTCM made was thinking that the market 'should' do this or that. The market doesn't have to do dick all. Not for you. Not for me and certainly not for those guys. The market simply is. (apologies to commisso who has monopoly rights to zen...

http://reuters.com/news_article.jhtml?type=humannews&StoryID=1686857 BUCHAREST (Reuters) - Workers at a Romanian car factory have decided to donate sperm to get the debt-ridden plant out of the red, private television ProTv reported on Tuesday. "Our feasibility study shows that if...

jem, re socialism/communism (or any type of planned economy) von Mises wrote/predicted the demise of it decades (40's) earlier. www.mises.org Now what I still don't understand is if it has been proven that no group of smart people with scads of info can set the price of potatoes....then...

When/if the dollar weakens in a serious way (it has already started) the Fed will be forced in between a rock and a hard place. That may be the nightmare keeping Greenie up at night. That is why the guys at GATA have been clammering for gold's manipulation. If the price of gold is kept down...

There is a fantastic book by Shefrin called "Beyond Greed and Fear". He's a behavioural finance guy and he takes delight in sparring with Fama and his groupies. In that book you'll find a bakers dozen of "irregularities" that the Chicago gang just can't explain. It is obvious that they...

I believe there is also a mention of this (long term returns based on signals from strict interpretation of Dow Theory) in TAST by (Edwards and Magee),