That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
FED HAS NO IDEA HOW BAD IT IS OUT THERE
Started by
saltlake
, Aug 28 2007 01:24 PM
9 replies to this topic
#1
saltlake
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Posted 28 August 2007 - 01:24 PM
THEY HAVE NO IDEA
THEY HAVE NO IDEA
THEY HAVE NO IDEA
SOMETIMES I WISH I DIDNT KNOW ANYBODY.. BUT I DO
THEY HAVE NO IDEA
That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
#2
CNSZ
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Posted 28 August 2007 - 01:26 PM
THEY HAVE NO IDEA
THEY HAVE NO IDEA
THEY HAVE NO IDEA
SOMETIMES I WISH I DIDNT KNOW ANYBODY.. BUT I DO
THEY HAVE NO IDEA
That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
I am sure they know more then any of us. and I also sure they know more then the people you know.
#3
eminimee
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I don't care who's fur is flying...
Posted 28 August 2007 - 01:31 PM
THEY HAVE NO IDEA
THEY HAVE NO IDEA
THEY HAVE NO IDEA
SOMETIMES I WISH I DIDNT KNOW ANYBODY.. BUT I DO
THEY HAVE NO IDEA
That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
I am sure they know more then any of us. and I also sure they know more then the people you know.
CNSZ...he was doing a Cramer imitation....but without the tears and dropping to the floor.
#4
A-ha
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Posted 28 August 2007 - 01:34 PM
I remember that video... his tears nailed the bottom as usual ...
#5
CNSZ
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Posted 28 August 2007 - 01:38 PM
THEY HAVE NO IDEA
THEY HAVE NO IDEA
THEY HAVE NO IDEA
SOMETIMES I WISH I DIDNT KNOW ANYBODY.. BUT I DO
THEY HAVE NO IDEA
That being said. There is a low risk buy right here with dow down 170. using a 35 point stop
I am sure they know more then any of us. and I also sure they know more then the people you know.
CNSZ...he was doing a Cramer imitation....but without the tears and dropping to the floor.
oops. my fault. I do not watch cramer show, when it start, I switch to nick or discover/history, so I do not know this.
#6
selecto
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Posted 28 August 2007 - 01:44 PM
These people do acid deals then leverage them with pink flake. When they blow up, they go running to Uncle for help.
Yet when some restraints were suggested by regulators, companies like Countrywide dispatched herds of lobbyists to assure that capitalism was not interfered with.
Let 'em rot.
#7
Jnavin
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Posted 28 August 2007 - 01:51 PM
I agree completely, selecto. Also, Abelson in Barron's makes the point that Countrywide's CEO had been selling his stock before the big slide, to the tune of 260 million or so. Nothing wrong with selling stock, of course, just don't start whining after you've pocketed that kind of change.
#8
raleigh
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Posted 28 August 2007 - 01:53 PM
That Cramer video was done Fri 8/3. NOT the bottom.
#9
rkd80
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Posted 28 August 2007 - 02:29 PM
Considering that the Fed acted a week after Cramer made a fool of himself, I would be inclined to think he is not that stupid after all. Being a perma-bull makes his advice dangerous, but I am sure that he has a very strong financial mind.
“be right and sit tight”
#10
nimblebear
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Welcome to the Dark Side !
Posted 28 August 2007 - 07:21 PM
Considering that the Fed acted a week after Cramer made a fool of himself, I would be inclined to think he is not that stupid after all. Being a perma-bull makes his advice dangerous, but I am sure that he has a very strong financial mind.
It was a no-risk proposition on his part. Timing on this was easy. He had a huge number of reasons why it was good to do something like this on TV.
He got to show "his buddies" that he was "feeling their so-called pain." (so more will feel inclined to talk to the celebrity boy in the future.)
Good shtick, melodramatic, and helped the ratings.
also it was a great opportunity to "rag on the establishment." make people at home feel like he looks out for them.
(yeah,right)It was also probably one of his wet dreams that he finally decided to act out in public.
Fortunately , WE HAVE NO IDEA, what he does at home on his own time.
Edited by nimblebear, 28 August 2007 - 07:22 PM.
OTIS.
