GKM

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  • Fear At Work - Cramer's Stop Trading (9/17/08)
    I quite literally salivate looking at that chart of JNJ.
    Sep 17 23:21 pm |Rating: 0 0 |Link to Comment |View article
  • Buffett Warned Us in 2003
    Trying the link again...

    tinyurl.com/4cnxmk

    [SA editor: sorry we can't accommodate long links, we have created a tinyurl for you.]
    Sep 17 19:16 pm |Rating: 0 0 |Link to Comment |View article
  • Buffett Warned Us in 2003
    Don, I actually do. Here's my long term chart of the Dow. I think we're in about a 22 year bear and we've put in 8 so far so at the end of 14 years I expect we'll be much lower than where we are today.
    http://...[see below]

    Today we likely broke the long term trend line you see on that chart that was so critical to stay above.
    Sep 17 19:15 pm |Rating: 0 0 |Link to Comment |View article
  • Buffett Warned Us in 2003
    All classic quotes from a couple smart guys. However, I still can't understand why Buffett wrote those puts on the S&P knowing that there was this kind of catastrophe waiting in the wings. If he is truly a genius, now would be the time to write those puts rather than having rode them down from earlier this year until now. If you have an answer, I'd appreciate it.
    Sep 17 18:06 pm |Rating: 0 0 |Link to Comment |View article
  • Does the U.S. Have to Worry About Its Credit Rating?
    The questions to ask are where are the major credit ratings agencies located (hint: in what country)? Will the ratings agencies pull their usual moves and downgrade only after it is patently obvious? Why am I asking rhetorical questions?
    Sep 17 17:30 pm |Rating: 0 0 |Link to Comment |View article
  • Fear At Work - Cramer's Stop Trading (9/17/08)
    In a related development, Cramer reiterated that "the bottom is in". He added that its just higher than where we are right now. He said that LEH is a "buy, buy, buy" since if it was cheap at $12 then its super cheap at $0.12. Back up the truck - its cheaper than wall paper.
    Sep 17 16:54 pm |Rating: 0 0 |Link to Comment |View article
  • The Harder They Fall - Cramer's Mad Money (9/15/08)
    And in an interesting turn of events, Cramer scoffed at those who followed his advice that the bottom "is in". He clarified that when he said "the" bottom he meant "the"re is no bottom and he took credit for being the first call "no bottom".

    Take a bow Cramer.
    Sep 16 00:02 am |Rating: 0 0 |Link to Comment |View article
  • Crunching Numbers: Why I'd Buy AIG
    Ouch. Disclosure: long puts on XLF (and very happy to be).
    Sep 15 23:54 pm |Rating: 0 0 |Link to Comment |View article
  • Fearfully Fascinating Financials: Is the U.S. Financial System Leaving the Building?
    And by cash will be king you mean yen right?
    Sep 14 23:10 pm |Rating: 0 0 |Link to Comment |View article
  • Some Housing Schadenfreude
    Good job Steve! Did you write the foreword too or did your editor do the spell checking?

    Shhhh about the Canadian housing market. It's all good. No problems. New highs coming. Totally different. Btw, I'm currently long.
    Sep 13 14:23 pm |Rating: 0 0 |Link to Comment |View article
  • Lehman: Dead Firm Walking
    The government will never let any bank fail. They know the consequences. As a result we will be in this for much longer than anyone realizes - its a game of dominoes. In the end, their efforts will be in vain or possibly make the pain even worse but they don't care about that right now.
    Sep 12 09:21 am |Rating: 0 0 |Link to Comment |View article
  • Lehman's Worth: Sinking Fast
    Maybe the lemmings shouldn't have allowed themselves to get packed into the crowded theatre in the first place. Play with fire and your bound to get burned no matter who calls out to alert the fire department.
    Sep 10 00:22 am |Rating: 0 0 |Link to Comment |View article
  • Last Chance Lehman - Cramer's Stop Trading! (9/9/08)
    You forgot the part about where Cramer admitted that he made a stupid call in recommending LEH as a screaming buy and apologized to all of those who lost money on his recommendations. Not. Oh well anyone who is silly enough to listen to him gets all of what they deserve.
    Sep 09 21:46 pm |Rating: 0 0 |Link to Comment |View article
  • FDIC Bank Foreclosure Streak: Batting .667 on Fridays
    Closures are by appointment only. Book early. Book often.
    Sep 07 00:44 am |Rating: 0 0 |Link to Comment |View article
  • How To Play a Zigzag Market
    "I tend to put less long term significance on fast moves, as this one has been, than on gradual moves that no one worries about." Very well said, but I don't think we're at that point in the cycle yet. The next moves will be more telling about the ultimate direction.
    Sep 06 12:19 pm |Rating: 0 0 |Link to Comment |View article

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