wallstreets pump&dump

should we tell him wallstreet has finally gone aggressively against him? or just keep letting him load stocks with little piggies (his followers) rule of thumb: most stocks he picks have something pretty wrong with them, and people buying his picks may do ok,, great in a bull market,, but this market is getting serious,, and its time ,, well past time to leave bad habits behind. dear traders it is NO longer YOUR job to baghold cramers picks. he came out on tv the other day and flat out lied to traders about aapl,,,,,,, immediately the alert went out to buy puts....... and the stock has tanked since. (due a bounce- exit trade) btw- it is near my target from the PEAK.

boy pisani looks releaved,,,,,,,,his port must be way upside down,,,,,,,,, he is doing more than his share of pumping,, trying to use the 'abbey' pump-------usually fails,, give it until tuesday. and now we get to listen to kudlow make a fool of himself followed by cramer. anyway,, if japan+europe dont tank, expect the markets to gap up and run,,,,,,,, wall street has to unload what ever they can via options while willing suckers are bountiful.

UPDATE 1-Fed's Fisher-inflation discomforting, unacceptable
Wed Jun 14, 2006 1:51pm ET
Updates with more Fisher remarks, background)

By Alister Bull

CORPUS CHRISTI, Texas, June 14 (Reuters) - Some measures of inflation show it running at levels that cause discomfort and are unacceptable, Federal Reserve Bank of Dallas President Richard Fisher said on Wednesday.

"We can ill afford to somehow encourage expectations that inflation might gain momentum. For in today's monetary realm, with markets so fluid and swift, expectations can quickly become reality," he told a community luncheon hosted by the San Antonio branch of the Dallas Fed.


Fisher noted that the Dallas Fed's own trimmed measure of inflation -- which excludes the most volatile components of the price index every month to plot the underlying trend -- had been running at 2.4 percent year-on-year. He also said that household surveys found that people expected prices to rise faster in the future.

"To me, this is more than discomforting. It is unacceptable. To perform the duty you expect of me, I need to be relentlessly bird-dogging inflation to prevent a debasement of your dollars," said Fisher, who is not a voting member of the Fed's interest-rate setting committee this year.

Data out earlier on Wednesday showed consumer inflation running at a faster-than-expected pace of 0.4 percent in May, pushed up by a steep increase in energy, while core inflation, which strips out energy and food prices, advanced 0.3 percent in the month and stands 2.4 percent higher year-on-year.

Warning comments from the U.S. central bank over inflation have prompted investors to shorten the odds that the Fed will raise interest rates by another quarter percentage point to 5.25 percent at their next meeting, on June 28-29.

Fisher stuck closely to this hawkish script, outlining a picture of slowing but still strong U.S. growth, provided the Fed did its job in keeping inflation in check.

"The surest way to undermine the real growth rate we foresee from our perch in Dallas would be for inflationary expectations to take hold and begin distorting the spending and investment behavior of consumers and businesses," he said.

To keep prices at bay, the Fed has already lifted interest rates in 16 consecutive quarter point steps from an ultra-low 1 percent in June 2004. Fisher acknowledged that this accumulated action may yet to have made itself felt.

"I am fully aware that there is a lag between the time we tighten the valve and the time the impact of that tightening is felt. Mind you, I am not sure we can measure this lag effect with great precision." With this in mind, the Fed should take no chances when it came to price stability.

"When called upon by the (Fed) Chairman for my reading of the economy and my recommendations ... especially when it comes to contemplating inflation: I believe it safest to err on the side of skepticism," Fisher said.


© Reuters 2006. All Rights Reserved.


http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2006-06-14T175145Z_01_N14322770_RTRIDST_0_ECONOMY-FED-FISHER-UPDATE-1.XML&pageNumber=1&imageid=&cap=&sz=13&WTModLoc=InvArt-C1-ArticlePage1

version of the cpi--(lol- guess they aint drinking wallstreets koolaide either) but the momo traders are still promising me this is the bottom of the market and the dow will rally +140 points----that should be interesting.

"drop out of bed"
by: ahorseof (46/M/Lancaster) 06/14/06 01:00 pm
Msg: 214304 of 214327

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com: 20060614:MTFH31482_2006-06-14_16-40-19_WBT005548&type=comktNews&rpc=44


HALF MOON BAY, Calif., June 14 (Reuters) - Federal Reserve Board Governor Susan Bies said on Wednesday the U.S. central bank wanted to see the economy slow, but did not want to see it "drop out of bed."

"Sustainable growth is probably somewhere around 3.5 (percent) or maybe a little less in the next few years. So, we've got to come from 4 percent plus down to say low 3 percent ranges," Bies said as she answered questions at a conference sponsored by the Mortgage Bankers Association.

"We clearly don't want to see it just drop out of bed," she said.

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7081860&tid=fnm&sid= 7081860&mid=214304

just before options,, they are gonna have to see what the close in the options are,, and then spread the word on who did or didnt take delivery of those in the money... ie: we already know some longs in BAC had their covered calls expire in the money last month, WHILE BAC WAS DOING A SHARE BUYBACK, and the stocks were NOT called,,, you see the decay recently in BAC- cramer pushes banks heavy.

any way this is more about 'who takes the bait' and who dont. can be boring,, but 'safe haven' sectors are starting to unravel,, XLP is the indicator.,, this will impact the boring stocks,, pg+jnj+k+gis etc........

cnbc has that 'deer in the headlights' look,,, wondering how the heck they can pour sugar on those data points. dude in the futures pit on CNBC "this one might leave a mark, becky"---------uh,,,,,,,,yeah,, good luck finding a bidder for a stock,, everyone will try to deny the effect while posting 'base area here or there' in what ever stock,,,,, they are begging for buyers. the $irx woke up immediately on the news, no suprise,, mr b's hand may get forsed to raise rates with a suprise +.25 or a +.50 later this month or both.

dont let the 'green' futures fool you,, the futures were way higher,,,, this is BANK&TANK bait!

cnbc has that 'deer in the headlights' look,,, wondering how the heck they can pour sugar on those data points. dude in the futures pit on CNBC "this one might leave a mark, becky"---------uh,,,,,,,,yeah,, good luck finding a bidder for a stock,, everyone will try to deny the effect while posting 'base area here or there' in what ever stock,,,,, they are begging for buyers. the $irx woke up immediately on the news, no suprise,, mr b's hand may get forsed to raise rates with a suprise +.25 or a +.50 later this month or both.

dont let the 'green' futures fool you,, the futures were way higher,,,, this is BANK&TANK bait!.

cnbc has that 'deer in the headlights' look,,, wondering how the heck they can pour sugar on those data points. dude in the futures pit on CNBC "this one might leave a mark, becky"---------uh,,,,,,,,yeah,, good luck finding a bidder for a stock,, everyone will try to deny the effect while posting 'base area here or there' in what ever stock,,,,, they are begging for buyers. the $irx woke up immediately on the news, no suprise,, mr b's hand may get forsed to raise rates with a suprise +.25 or a +.50 later this month or both.

dont let the 'green' futures fool you,, the futures were way higher,,,, this is BANK&TANK bait!