Billy Ford

Wall Street Breakfast: Must-Know News

man o man...at least 1 article a day on how a bank has failed or is losing hundreds of billions, and the market just shrugs it off..they rally on some bs earnings report where some company laid off 30% of its workers to squeak by consensus. Not that i think the market should be predictable, but come on, this is beginning to be obsurd..Well it has been obsurd for a couple of months now. oh well, I will leave with my 2 cents...If you are long this market, you better be really, really, really careful, because 80% of this is smoke and mirrors, and sooner or later the truth will prevail.When that day comes, you better hold on to you hat, because it will be a long ride down...or maybe not, maybe the ones pulling the strings will continue to prop up this market forever with a bunch of bs

Chinese Market Annihilated - Cramer's Lightning Round (9/24/08)

Cramer not bullish on NYX? He is just trying to save face after he made everyone so mad saying it was his favorite growth stock last year. Looking at my position in this stock makes me want to puke every day, but I am confident it will return in a big way, and I think you are crazy for not getting in at these levels...Paying a decent dividend of 3% and change, and the growth opportunities from here are great. The business model is still great, the same as it was a year and 2 years ago. The street just hates this stock, probably more than any other stock. They have been beating this thing up coupling it with the financials eventhough, they arent a brokerage. I know the thought process is that the brokerages will be trading less and less, but the volatility has to make up for that. I would have to think that this thing could be back up to $100 in a couple of years, and 130-150% gain isnt bad....