Thursday, August 03, 2006
TOMO is in charge just go with the flow
cnbc is having pretty good luck pushing the goldielocks theme. i wouldnt chase the bio/pharms, reits, oils or OUR banks,, you are better off in nasdaq tech stocks that are way oversold.- and for petes sake,, dont buy whatever crap cramer pumps,, stay with the deeply oversold,, they havent caught a bid in some time: USG+EXP+RIMM,,AVOID YHOO EXCEPT FOR SCALPS.
very serious note: I DO NOT LIKE ANY AMERICAN BANK AT THIS POINT, WE DONT KNOW WHAT WE ARE BUYING OFF THIER BOOKS,, CRAMER AND WALLSTREET CAN POUR ALL THE KOOLAIDE THEY WANT,, BUT I WOULD RATHER BE IN A FORIEGN BANK. OUR BANKS DONT EVEN HAVE BASEL II IN PLACE AND IF THIS MARKET IS = 1998 YOU WONT WANT BANKS EITHER,, AND MAYBE NOT FOR ANOTHER 2+YEARS.
very serious note: I DO NOT LIKE ANY AMERICAN BANK AT THIS POINT, WE DONT KNOW WHAT WE ARE BUYING OFF THIER BOOKS,, CRAMER AND WALLSTREET CAN POUR ALL THE KOOLAIDE THEY WANT,, BUT I WOULD RATHER BE IN A FORIEGN BANK. OUR BANKS DONT EVEN HAVE BASEL II IN PLACE AND IF THIS MARKET IS = 1998 YOU WONT WANT BANKS EITHER,, AND MAYBE NOT FOR ANOTHER 2+YEARS.
# posted by tagthatstock @ 10:37 AM
