Oct. 31 Fed meeting
(2007-11-01 06:15:36)
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Who was wall Street love? Greenspan and Benard
Yesterday, fed meeting was held. We once mare see how Ben act with crisis. It is all about personality.
To be honest, public without inside information is much benefit from Ben's supervision. No doubt, compared
with Greenspan, he need more time to immerse himself in the real world instead of acadimia. But for all of us,
we all get much more than what to get from Greenspan for sure.
Yesterday's announcement market action is quite calm. First going down down to bottom, then going up up
then dive and horizontal. Rhyme of market dance.