Msrpaul

Goldman Disses Solar - Cramer's Stop Trading ! (10/7/08)

That would be the same Jim Cramer who pumped FSLR all the way to 317, declaring a breakout.... where I got squeezed out at a large loss. Of course, Goldman, who did the IB work, made big bucks all the way along, pumping solar and energy while they made a fortune. Now that the gig is up, they spin a new report. And they wonder why so many people like myself have utter contempt for them.

Financial Stocks to Buy When the Market Reverses

What many don't realize is that this is a credit contraction, and when the write offs are over, we will be in deep recession. That will not be a good environment for banks/brokers, whose balance sheets are in dire straights. I can think of only 2 banks worth a look, Hudson City, and USB. When the dividends are cut on the banks, it will be near time. For the brokers, how are they going to replace all that fee income from M&A and mortgage hustling?