July 01, 2008
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
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38 comments:
I did'nt hear a word he said - but she is HOT!!!
He's been taking his meds...
Markets in a crazy rally right now
He is a mess.Is he still on coke?
Why is he giving interviews?
Cramer is a mouthpiece. He is a "former" hedge fund manager. Why former? I'm a hedge fund manager, and I can tell you, I liken it to being an NFL quarterback -- i.e. I love my work, and make a lot of money. Why would someone give that up? Unless he sucked at it. So now he writes books, and is paid to give advice, but is not paid on *how accurate and worthwhile his advice is*. BIG DIFFERENCE. He's a joke.
And to the guy who said the markets just rallied....I got news for you...they haven't "rallied" in more than 10 years. One dollar invested in the S&P 10 years ago is worth less now. Stop focusing on the trees and see the forest for a change.
Anonymous said...
Markets in a crazy rally right now
7:50 PM
That's because Cramer was on the tube..
It didn't last but an hour, back into negatives we go. Must have been a rumor going around.
"pssssst!! I heard later today that Berneke was flying coast to coast in a helicopter and hell be throwing money and deeds out all the way!"
Annnnd as I said it would happen, like clockwork, the PPT faked a rally by 2 PM, as usual, before the holiday. Next, huge nosedive.
Attention, attention! Calling all sheeple to jump in the rigged market just to get fleeced in the next few days. Attention!
DOPES
DOLTS
Market 'rallying' around the announcement that GM ONLY DOWN 18.2%. Wow, there's the reason for a 100 point rally...
Sickening and disgusting.
S&P bought and paid for just like everything else. Pull the curtain back and expose Mr. Wizard. Could it be 'shotgun Dick' has discovered a new way to fleece the flock?
His meds are working, glad they got the dosing correct now. Keep well cramer........
Classic technical analyist talk there: this indicator works! (except when it doesn't)
Thanks guy.
I think I'll stick with looking at the underlying fundamentals and let you have fun with your tea leaves.
What my strictly limitted understanding is telling me is: THE DOLLAR IS CR@p and is getting worse and will continue to get worse as long as this society as a whole tries to live on credit expansion indefinitely. Eventually the creditors will want to be paid back and they won't be too happy with the monopoly money we try to pay them with. But hey as long as you can draw two or more esentially randomly derived 'trend' lines on a chart showing an xyz of pdq wave with a handlebar mustache formation, blah blah blah... you might just be able to get someone else to be the bag holder as long as you don't buy your own BS.
Good luck you bald cokehead.
He'll be pumping the market as the DOW goes all the way down to 9,000!
LOL yes the S&P oscillator is great, except according to him it was signalling BUY right before every major market PLUNGE I can remember in my lifetime! (9/11, '87, etc.)
HEY, I gotcher "catalyst" RIGHT HERE:
How about, during every July I can remember, the market SWOONED during the beginning of 2Q earnings season. I remember these things because July is my birthday month and my vacation month. Market always drops while I'm away (4-13th this year), or on my birthday (18th).
So GET OUT THIS WEEK!
Buy back when DJIA P/E reaches 10. Or when 1 DJIA share = 1 oz gold. Or when Fed RAISES the rate the first time.
Please tell me all of you who are so enlightened and wise, is this a "conspiracy theory"?
Excerpts of the oral histories of the 9/11 firefighters:
Rich Banaciski -- Firefighter (F.D.N.Y.) [Ladder 22]
... and then I just remember there was just an explosion. It seemed like on television they blow up these buildings. It seemed like it was going all the way around like a belt, all these explosions.
Brian Becker -- Firefighter (F.D.N.Y.) [Engine 28]
The collapse hadn't begun, but it was not a fire any more up there. It was like -- it was like that -- like smoke explosion on a tremendous scale going on up there.
Greg Brady -- E.M.T. (E.M.S.) [Battalion 6]
We were standing underneath and Captain Stone was speaking again. We heard -- I heard 3 loud explosions. I look up and the north tower is coming down now, 1 World Trade Center.
Timothy Burke -- Firefigter (F.D.N.Y.) [Engine 202]
But it seemed like I was going oh, my god, there is a secondary device because the way the building popped. I thought it was an explosion.
Ed Cachia -- Firefighter (F.D.N.Y.) [Engine 53]
we originally had thought there was like an internal detonation explosives because it went in succession, boom, boom, boom, boom, and then the tower came down.
Click here for much more testimony from the 9/11 firefighters
Gee, do you think it sounds like the firefighters heard explosions that match the description of what you would expect from a controlled demolition with rings and belts of timed detonations?
"Naw, that's one of them conspiracy theories. I don't believe in space aliens! George Bush said it was them AL-CAYDAS! F them A-RABS!!! Uuuuuugggghhh. I'm gonna get me a beer!"
Keith, the reason why this is so important to analyze is because it affects your entire world view. When you understand that BushCo has lied not only about Iraq, Iran, AL-CAYDA but also 9/11 the very reason for everything that has followed - Homeland Security, Patriot Act, Military Commissions Act, torture you realize that things are far more dire than your little housing bubble.
The Neoconservatives have a philosophy of "the ends justifies the means", they worship Machiavelli, they believe that it is necessary to engage in evil to achieve greater goals and they believe in permanent revolution. We haven't seen such an evil philosophy in power since the Nazis.
Here you can read about just one of these nutjobs, Michael Ledeen:
Michael Ledeen
Who has gained from 9/11? The A-RABS? Or the Neocons?
Yeah, let's time the market based on barely coherent ramblings from a frikkin' drug addict. How bad is it boys and girls? The U.S. government just agreed to pay the big banks $750K per defaulting mortgage, and politicians of all stripes think it's a wise & good deal!
Imports to the U.S. now exceed the value of all of our industrial production, and this putz speculates about a big rally?
WTF, over?
Cramer is a douchebag. I just can't stand him and I think he is an overrated speculator. Tell me why people even give a shit about him or listen to what he says? He is just another stock jockey that is going to get his ass handed to him when this big American Dream comes crashing down.
-FutureShock-
Wonderful. Lehman Brothers has been upgraded from corpse to vegetative braindead state with no hope for recovery. BUY BUY BUY
I grew up in Worc. Ma with that girl. She's ok. Cramer, Gas at 4.00+/gal, oil 142.00+, the only way to go from here is DOWN. Just wait t'ill homeheating oil is going 4.50-5.00+/gal, DEPRESSION my friend.
"they worship Machiavelli"
nope; the only thing that the neocons want is to trip out out on the thought of control Machiavelli had so much more class and so much more focus and so much more purpose.
That technical stuff Cramer spouted is garbage. Don't buy the hype.
If you really believe in the technical analysis then google louise yamada, a much more credible and experienced technical analyst than Cramer who is saying exactly the opposite thing to Cramer.
Jim Cramer and Larry Kudlow are the Lawrence Yun and David Lereah of US stocks.
sell in may and go away!!!
Cramer got his way after his rant 10 months ago: "they have no idea how bad it is out there!" I wonder what he wants from the Fed now. It's so useless to listen to him, but his shows are entertaining.
What I came away with watching this:
1. Half way through I realized I wasn't listening but too busy staring at her chest.
2. The other half I still didn't listen but ended up counting how many times Cramer stared at her chest.
"Paul E. Math said...
Jim Cramer and Larry Kudlow are the Lawrence Yun and David Lereah of US stocks.
July 02, 2008 1:42 AM"
Ever notice how great writing is like great music...?
I wish I'd said the above. Hat tip to Paul E. Math.
Selah
Oh, maybe omit Yun and Lereah and replace with Bushco & Cheneyburton?
Nah, Let's stay with something presumably? human.
Paul E's verse still better.
Notice how mere mention of Bush/Cheney drag down even satire. They really are just two pieces of reprehensible human offal even lower than discredited Realtors...
If you go on YouTube, there is this guy named Don Harrold posting clips of Cramer on Mad Money engaging in some pretty blatant flip-flops.
On June 13, Cramer said to buy banks, brokers, retailers, and homebuilders. He also said to sell oil and oil-related stocks.
On June 20, he said to SELL banks and retailers, and BUY oil stocks, then had the balls to tell the TV audience that they aren't listening to him if they're doing something else.
Here is the link:
http://www.youtube.com/watch?v=_nkZ3eHeXlc&feature=user
He has NO IDEA how bad it is out there! NO IDEA! Tell Bernarke to RAISE the RATES! He has NO IDEA. RAISE THE *&^%$ RATES, DAMN IT!
Haldol kickin' IN!
Why do people waste time with this jerk? Over analysis (S&P oscillator). Remember the crap he was preaching a year and a half ago claiming that the housing slowdown was over? People like him get so lost in their data that they are not able to see the big picture.
He also wants to bailout FBs, like most liberals do.
i just listened to what hw said. now, could somebody tell me what he said, because i don't get it?
>I hadn't wanted to post, because my my gut says 'scam alert', but have at it..
I always think that when I see Cramers face.
http://youtube.com/watch?v=R7ua7yZMA0c&feature=user
Wow, almost 30 posts and not one who thinks its time to buy (ok, closer to 10 posts when eliminating those who watched while playing with themselves, gold nuts and 9/11 conspiracy loons but still a decent sample).
This board is a clear buy signal.
Cramer is a retard, his only goal in life is to pump his books. Anyone that would take financial advice from a guy that has a sound effects board and tables full of props is an idiot. Give Cramer the funny hat and a little longer hair and you'd swear you were watching the comedian Gallagher. All Cramer would need to do at the end of his show is smash a watermelon with a huge mallet while screaming BOOOOOYAH!!!!
All you need to know about Cramer:
http://tinyurl.com/4m697s
Anonymous July 02, 2008 1:01 AM said...
"Just wait t'ill homeheating oil is going 4.50-5.00+/gal, DEPRESSION my friend."
DOH!!!! Too Late....
http://tinyurl.com/6j8xwy
"Below are oil prices for Northwestern Massachusetts
High 4.699
Low 4.38
Average 4.463"
It's still July... Demand is nill and crude is "only" $142 bbl.
We just moved into an apartment in April and my wife wasn't sure the ~$300 extra we pay for it over the others we looked at was worth it. Among the other pluses it had over other rentals like walking distance to everything including public transportation, good schools, free cable, trash pickup, etc... Heat and hot water are included. I wasn't 100% sure at the time but, I wanted to hedge my bets. Looks like I made the right choice. Even if it comes out as a wash and the cost is the same either way, I don't have to worry about my budget being blown out. I won't have to choose between food or heat.
Coming to the MSM near you this winter. After lots of Little Old Ladies, kids, and families freeze to death or starve to pay for heat.
Congress and Senate pass the freeing bailout bill
Already Started...
Energy crisis casts dark cloud over Mass.
http://tinyurl.com/5g52mg
Northeast braces for home heating oil increases
http://tinyurl.com/5gu9wx
Fear over the big chill
State, feds not ready to cover pricey fuel for poor
http://tinyurl.com/5sub8g
The fact that cramer is stating he's depending soo much on oscillators to say the bottom is in just proves he's full of it.
If you try to base your entire trading on a few oscillators like MACD, RSI, etc..., you might as well flush your money down the toilet.
You can tell from this interview with the way he can't keep still and his eyes are all over the place that he's not being honest. He can't hide the fact that he's trying to manipulate something.
One of the best sayings out of wall street is, "Only monkey's pick bottoms".
Anon July 01, 2008 8:13 PM:
Once again you nutty HPers parrot crap your liberal-educated college buddies tell you without doing anything for yourself. Once again you are incorrect, which makes anything else you say suspect.
HPers are great for making crap up. I'll give you this, the return on the S&P hasn't been great, and it's reduced by inflation, but it isn't negative.
Why don't you spend more time reading and less time posting? You might find out what a sheep you've been. And your professors and high school teachers love you because you don't question a thing.
Some bright bulbs around here:
"S&P bought and paid for just like everything else."
"He'll be pumping the market as the DOW goes all the way down to 9,000!"
"...according to him it was signalling BUY right before every major market PLUNGE I can remember in my lifetime!"
And none of you except bostonobserver and me are able to put it all together and make money off of it. Let me give you a hint - you're all on the right track, but you don't use it to your advantage. This requires thought. This requires a memory. This requires an attention span. But I understand it's too easy to parrot the tired liberal, MSM-fed lines about corruption and how the government needs to help you. Good luck with that.
(Yawwwwwn).
Huh? Everything is fine you say? I'm gonna be allright? Well, ok guess I'll just go back to sleep now... G'night!
-JDF
Wow, almost 30 posts and not one who thinks its time to buy (ok, closer to 10 posts when eliminating those who watched while playing with themselves, gold nuts and 9/11 conspiracy loons but still a decent sample).
This board is a clear buy signal.
OK! So tell us master what are you buying?
"bostonobserver said...
Wow, almost 30 posts and not one who thinks its time to buy"
Wow, you're a contrarian of the contrarians, which makes you a sheep. I hope you didn't buy anything today.
Anonymous Anonymous said...
Cramer is a mouthpiece. He is a "former" hedge fund manager. Why former? I'm a hedge fund manager, and I can tell you, I liken it to being an NFL quarterback -- i.e. I love my work, and make a lot of money. Why would someone give that up? Unless he sucked at it. So now he writes books, and is paid to give advice, but is not paid on *how accurate and worthwhile his advice is*. BIG DIFFERENCE. He's a joke.
And to the guy who said the markets just rallied....I got news for you...they haven't "rallied" in more than 10 years. One dollar invested in the S&P 10 years ago is worth less now. Stop focusing on the trees and see the forest for a change.
July 01, 2008 8:13 PM<<<
\oh come on man, the guy is worth 100M+......he must have done something right. was he crooked. well yes, as crooked as he could be. the game with him, and others is to win.....winning is everything....to these people.
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