Sunday, July 23, 2006

 

anyone notice cramer's new prop friday night?

recently switching to live cartoonish props, fridays show was the closest to almost true......except the wrong person was wearing the prisoner suit.

and true to form, cramer stooped to a new low. a caller asked if he should be concerned about heavy insider selling and asked cramer what his take was, the whole time the caller was talking cramer and chained prisoner layed down on the ground as if to take a nap........we never heard from the caller again. cramer wouldnt want 'investors' to be informed of the huge riches these insiders are getting on the investors' back,,, not to mention the employess who will later be laid off.

the scary part was some politicain for missouri i believe was also a caller and talked how he watched cramers show and would play some of his picks.-yikes, that guy makes real decisions for his communities!

cramer finally noted banks and other sectors were going to come down soon, hope everyone got their $2 schnitzel- wow, i remember when that was called pump&dump. how long until people realize wallstreet uses cramer to thin their ports back on those willing to drink the cheap koolaide. (wallstreet charges an arm&leg for their koolaide)

we dont care about the dd /fa of companie now,, just as we didnt care on the uptrend when everything got priced in.

few people understand, that companies use a moving average for forecasting into the future,, they warn (only sometimes lately) when the sales rep comes back to the home office and says.... geez,, that was a rough sales trip. by then its too late to just be on the low conservative side. other companies will warn,, and then put a super sugar coat on the following e's of how great they WERE. wallstreet loves that,, its like a 2nd chance to clean the ports on the fools who invest on headlines disregarding the little warning just a few weeks earlier. and the other hat trick, is to lower guidance and then put out a pr saying you will be 'higher than expected' (OF LOWER RANGE!)

this weekend wallstreets fav $4 weekly newsletter barron's is gonna push the 'low p/e is value' pump,, this is so easy to play if you just push the 'warren buffett' idea behind it.....there is a low p/e formula to play,, put out by dirks who taught buffett along with graham. its a great play because at any low point in certain stocks you could get buffetteers to fall all over themselves to buy- and sell for a easy 25+50% profit every few weeks. hey at least it gave them something,, buffy hasnt,, just doing his part under the soros plan to bash america while hiding out here. something to think about before you swallow the upcoming 'p/e pump' is the ones wallstreet is pushing is NOT the correct formula for long nice profits.

i think wallstreet is scared we are gonna have a few nasty nasty nasty days with curbs in all the way down. remember the day greenspan took office,, the dow dropped 500pts. we have a long way to go to hit 8500. kind of hard to be oversold from overbought. -there is NO such thing as oversold when the future is iffy and the companies have played 'pulled the rug over everyones eyes' game.

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