BxCapricorn

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  • Back Room Deal? - Cramer's Mad Money (10/10/08)
    I dislike Cramer a great deal, and wondered why he would tell everyone to sell off and stay out for 5 years. What did he see? If you look at the 1929/1930 market movements, you will be struck by the correlations between the current ones. You had a peak on Sept. 3rd at 381.17 and a drop to 198.6 on that fateful October day in 1929. The recovery rally went to early April and peaked at 294. From there we had a slow roll down to 41.22 on July 8th, 1932. To correlate in a proportional way, you would need to have our 14,280 top, go to a 7,440 bottom, then rebound to 11,014 only to drop to 1,544 over a long period of time. Maybe this is what Cramer saw, and why he reacted so strangely on The Today Show. Personally, I don't believe any two time periods are governed by mathematics, but others do and isn't TA all about fulfilling preconditioned expectations via "quants" and the computer programs they run?
    Oct 12 07:04 am |Rating: 0 0 |Link to Comment |View article
  • Bulls Take a Stand - Cramer's Stop Trading! (10/10/08)
    BTW, the title has Tuesday. Don't you dare send me back in time to experience that week over again! As for Cramer, I actually canceled premium cable so that I would no longer even accidentally see his face screaming idiot advice on CNBC. I do check in here to see what lunacy he's pitching though, as logic would dictate that when he announced to "sell this market" and "don't buy stocks for five years" if you need to keep your money safe, all of his shows should end. It's not like he's dispensing gardening tips, or teaching you how to drywall. What use is he now? Sure, what use was he before? He kept us all in the game so his Wall Street buddies could slaughter our 401K's, IRA's, and stock trading accounts. Bravo, my good man. Bravo....
    Oct 10 20:23 pm |Rating: 0 0 |Link to Comment |View article
  • The Mess on Wall Street: $4 Trillion Down the Drain
    Your graphic had Citigroup by mistake...oh, rats, I gave that one away too. Time travel can be quite confusing. I thought this was mid-October.
    Sep 18 04:03 am |Rating: 0 0 |Link to Comment |View article
  • The Mess on Wall Street: $4 Trillion Down the Drain
    Shouldibuyit...since you are unable to do this yourself, you go to Yahoo! and enter the symbol. They choose "key statistics". Oh, lookey here! It say WM is worth 3.94B.

    finance.yahoo.com/q/ks...

    To all those that worry about the people (government) taking back their property (stocks, bonds, etc.) I can only ask "why"? The machine failed and you're getting back your assets for pennies on the dollar, without a revolution. If AIG, WM, BSC, LEH, FNM, FRE, MER, and others had stayed private, you would have had......what? Now you own them, for next to nothing, and the only thing you did not get was MER, and BAC stepped up and did the "blue blood" thing, and overpaid. We'll look back on this, ten years from now, over a burger, the five dollar one, not the $15 dolllar one, and laugh, laugh, laugh.
    Sep 17 02:27 am |Rating: 0 0 |Link to Comment |View article
  • I'd Rather Hang Myself - Cramer's Mad Money (9/16/08)
    Now, now Cramer....that's my job.
    Sep 16 21:47 pm |Rating: 0 0 |Link to Comment |View article

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