Oct

9

Talk about a negative feedback loop. Merkel talks today to Greece. She has to say something positive about the sacrifices the Greeks are making, which is bullish, but then has to demand more austerity to stay in power, which is bearish, but she can't demand too much austerity because all the Europe needs the incumbent as he will give the most money to Europe to stabilize the situation. It's a tri amp with the output going back to the negative input and then the positive.


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  1. Nils Poertner on October 10, 2012 3:26 am

    Dear Mr Niederhoffer, I’ve read your 2 books and follow your webpage with a lot of interest. The following text is not related to the original post - I did not know another way of getting in contact with you. I myself have an athletic (tennis)and music background and can relate a lot how you see the markets (ie in a very observing, intuitive, searching for the implicit and flexible approach - seeing markets and us humans as part of nature rather than applying a logical, explicit and rigid approach towards investing which are are controlled by humans (central bankers and politicans in particular) -the latter beeing the popular way today. On this note, you may find a book by Iain McGilchrist “The Master and his Emissary” quite stimulating. In his book he describes the trend in our civilisation that started in renaissance time towards a more thinking dominated by the left hemisphere brain (”the Emissary”) to the detriment of the right brain (”the Master”) In case you have read the book, would love to get your view one day. Regards, Nils Poertner, London/UK

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