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Bear Taunt Mad Money Alert
Last night I tuned in Mad Money and didn't last five minutes before the remote hit the off button. I normally make it through the show but couldn't do it yesterday.
Jim Cramit went on one of the most puffy chested bear taunts I have ever seen claiming the market is Cheap, Cheap, Cheap. Much like when Abbey Joseph Cohen shows up on Crapvision near tops, beware when Jimmy goes off on bears with such viciousness. Something unknown lurks in our crack addict one decision market.
No wonder the network has a disclosure that reads like a warning label on a Valium bottle every time he appears on television. I had the nausea and vomiting symptoms.
The genius in bubbles only, Jimmy, has been on a roll but so has my stock picking class for 5th graders. You should see their returns and they use a spinner to pick their stocks. That's the principal. I like her a lot.
When there is a one hundred per cent inverse correlation with every asset class in the market to a crashing dollar due to a psychotic Federal Reserve, a toddler could point his finger at a symbol in Investors Business Daily and become a guru. That is such a healthy foundation for a long term bull market, right?
The premise of Mashed Money yesterday was don't look at where we are today but where we will be going forward. Gee, where have I heard that before? This show could be used as a study to prove the validity of the Odd Lot Theory.
How much of these wonderful earnings beats are due to Fed pumping, buybacks, irresponsible price target yelps, high frequency trading, short squeezes, collusion amongst the five remaining mafia families, a crashing dollar, front running, cult stock mo mo chasers, fraud, insider trading, and last but not least moral hazard on steroids.
So I am throwing out a Bear taunt alert meaning that looking forward, the only cheap, cheap, cheap you will hear will be birds flying over your head telling you how poor you are if you believe this crap. Discounting is an excuse used by the analyst community that can't see stop sign if it hit them in the face. It's a process used to move inventory and entice the greatest fool to be the last one in the pool. Then you will see this.
When the Getting Back To Even guru gets puffy and mocks bears, we are nearing an inflection point where things are about to change. Yesterday was pushing the outside of the envelope day using the looking forward bull crap as a talking point. Just like he did in 2000 with his Winners of the New World. Just like he did in 2007 when he was rubbing elbows with Angelo Mozilo from Countrywide during the housing bubble, looking forward with a happy face. It blew your portfolio to smithereens if you didn't recognize the bubbles around you. I think it was those evil bloggers that were warning people about the impending bank implosions. The ones you mocked yesterday.
Maybe one day his one caller in the green room during the lightning round will get kidnapped and the phones will be open to real people. Keep discounting Jimmy. Given the track record of the Fed failing, I have looked forward and since we don't make jack squat in our country and people's jobs are not coming back, I'd say the market will eventually be screwed, screwed, screwed again. You be the man for now but will be screaming for another bail out next year.
Enjoy it while you are hot and ignore what is going on around you.
“They make me come back to my central thesis: The market is not, and cannot be expensive based on the earnings reports we have seen. And the negative predictions of the bears who told us the numbers would have to be sliced and diced and cut some more—I think they’re looking more and more ridiculous and untrue by the day.”
Cramer did admit that we’d need to see the Republicans capture a majority in the House before price-to-earnings multiples really went up, as Washington gridlock is good for Wall Street. But still, there’s no reason stocks should drop in price if that fails to happen. Not with these obviously low valuations.“Too many companies in the S&P are good and getting better,” Cramer said. “As company after company keeps beating earnings estimates, I predict we will forge a new consensus about 2011, one that takes up estimates for the entire market.”
Jim Cramit went on one of the most puffy chested bear taunts I have ever seen claiming the market is Cheap, Cheap, Cheap. Much like when Abbey Joseph Cohen shows up on Crapvision near tops, beware when Jimmy goes off on bears with such viciousness. Something unknown lurks in our crack addict one decision market.
No wonder the network has a disclosure that reads like a warning label on a Valium bottle every time he appears on television. I had the nausea and vomiting symptoms.
The genius in bubbles only, Jimmy, has been on a roll but so has my stock picking class for 5th graders. You should see their returns and they use a spinner to pick their stocks. That's the principal. I like her a lot.
When there is a one hundred per cent inverse correlation with every asset class in the market to a crashing dollar due to a psychotic Federal Reserve, a toddler could point his finger at a symbol in Investors Business Daily and become a guru. That is such a healthy foundation for a long term bull market, right?
The premise of Mashed Money yesterday was don't look at where we are today but where we will be going forward. Gee, where have I heard that before? This show could be used as a study to prove the validity of the Odd Lot Theory.
How much of these wonderful earnings beats are due to Fed pumping, buybacks, irresponsible price target yelps, high frequency trading, short squeezes, collusion amongst the five remaining mafia families, a crashing dollar, front running, cult stock mo mo chasers, fraud, insider trading, and last but not least moral hazard on steroids.
So I am throwing out a Bear taunt alert meaning that looking forward, the only cheap, cheap, cheap you will hear will be birds flying over your head telling you how poor you are if you believe this crap. Discounting is an excuse used by the analyst community that can't see stop sign if it hit them in the face. It's a process used to move inventory and entice the greatest fool to be the last one in the pool. Then you will see this.
When the Getting Back To Even guru gets puffy and mocks bears, we are nearing an inflection point where things are about to change. Yesterday was pushing the outside of the envelope day using the looking forward bull crap as a talking point. Just like he did in 2000 with his Winners of the New World. Just like he did in 2007 when he was rubbing elbows with Angelo Mozilo from Countrywide during the housing bubble, looking forward with a happy face. It blew your portfolio to smithereens if you didn't recognize the bubbles around you. I think it was those evil bloggers that were warning people about the impending bank implosions. The ones you mocked yesterday.
Maybe one day his one caller in the green room during the lightning round will get kidnapped and the phones will be open to real people. Keep discounting Jimmy. Given the track record of the Fed failing, I have looked forward and since we don't make jack squat in our country and people's jobs are not coming back, I'd say the market will eventually be screwed, screwed, screwed again. You be the man for now but will be screaming for another bail out next year.
Enjoy it while you are hot and ignore what is going on around you.
“They make me come back to my central thesis: The market is not, and cannot be expensive based on the earnings reports we have seen. And the negative predictions of the bears who told us the numbers would have to be sliced and diced and cut some more—I think they’re looking more and more ridiculous and untrue by the day.”
Cramer did admit that we’d need to see the Republicans capture a majority in the House before price-to-earnings multiples really went up, as Washington gridlock is good for Wall Street. But still, there’s no reason stocks should drop in price if that fails to happen. Not with these obviously low valuations.“Too many companies in the S&P are good and getting better,” Cramer said. “As company after company keeps beating earnings estimates, I predict we will forge a new consensus about 2011, one that takes up estimates for the entire market.”
now spread this disease of consumerism globally and you will now see another 2 billion people in the planet about to get visa and mastercharge cards to live the life we have lived here.
borrowed money = borrowed time
but as long as ben benanke will make everything money good we never have to actually pay the piper. he will cover every tab to keep this great scam going.
total plaentary destructon is the goal. how can it be otherwiese? get everyone driving hummers and using ipods and the worlds resources can be used up in no time at all.
then when its all run out and people are dying off by the millions but not quite fast enough for the elites - they will push that big red button and everyone will see a giant flash of yellow light. after some time has passed theyll come back up to the surface and start the whole process over again.