Tuesday, August 22, 2006
wallstreet seems to be running out of fresh
bigger foolz as far as hedgefunds go. seems lately,, if a stupid analist upgrades an already toppy stock,, there is instant supply from another one selling. gs said take profits on f yesterday,,, so did credit suisse,,, well duh!- at least the insiders got their options sold and its just tooo bad that employees again will get laid off.
today,, jim cramer came out and said sell/avoid the homebuilders-- funny thing was just 9-12months ago at the top and recently he was pumping them. so today his plan was pump banks again,, and the bank he chose was WB- you remember them,, they bought subpirme lonas at the top and about 2 weeks later put out an across the board downgrade on homebuilders,, footnoting: (housing) is worse than we thought-----so you know they have to pull out all the stops NOW with a bigger div (bribe) to shareholders and cross their fingers they can float the bad loans for awhile. dont forget they even had their stepbrother prudental upgrade them just days after prudental downgraded them a day late. they have had SEC issues in the past with games on investors.
i am real suprised jim cramer isnt in jail or dead yet.. not a threat by me at all, just suprised someone hasnt gone after him for his pumping.
cnbc still busy finding all kinds of lame reasons for the markets to go up....... make sure you pass this message on to your kids: no parent wants their kid to grow up to be a crimanal, a used car salesman or a 'journalist/reporter'
use the greeen/gray bull market to dump where ever you can find a bidder just dumb enough to be standing there.
today,, jim cramer came out and said sell/avoid the homebuilders-- funny thing was just 9-12months ago at the top and recently he was pumping them. so today his plan was pump banks again,, and the bank he chose was WB- you remember them,, they bought subpirme lonas at the top and about 2 weeks later put out an across the board downgrade on homebuilders,, footnoting: (housing) is worse than we thought-----so you know they have to pull out all the stops NOW with a bigger div (bribe) to shareholders and cross their fingers they can float the bad loans for awhile. dont forget they even had their stepbrother prudental upgrade them just days after prudental downgraded them a day late. they have had SEC issues in the past with games on investors.
i am real suprised jim cramer isnt in jail or dead yet.. not a threat by me at all, just suprised someone hasnt gone after him for his pumping.
cnbc still busy finding all kinds of lame reasons for the markets to go up....... make sure you pass this message on to your kids: no parent wants their kid to grow up to be a crimanal, a used car salesman or a 'journalist/reporter'
use the greeen/gray bull market to dump where ever you can find a bidder just dumb enough to be standing there.
# posted by tagthatstock @ 1:42 PM
