Cramer's Stop Trading! Goldman Has Nothing Better to Do (12/15/08) [View article]
Any truth to the rumor that Goldman has been making money these past few weeks shorting its own stock? Wouldn't put it past any of these dogs at this point.
Exploiting the Downside of the Markets [View article]
The trend remains down until proven otherwise, and there is still significant risk to the downside here with commercial real estate bonds starting to implode. The relief rallies lately have been pathetic and the institutional buying non-existent; go long at your own risk here. The financials are telling us a story this week--anyone not listening will pay the price.
Instead of shorting, though, I'm playing 2x inverse ETFs like SKF, FXP, SRS, etc. Measured risk and leveraged potential reward if your timing is good. Take a look at the performance of OTM NOV call options on SKF Wednesday--close to a 1000% gain in one friggin trading session.
Chinese Market Annihilated - Cramer's Lightning Round (9/24/08) [View article]
His call on China's demise seems more than a bit overdone. Good contrarian signal that we may be close to a bottom there? After all, Shanghai's down something like 66% from its highs. Worth watching here IMO.
Has anyone gotten out the straitjacket--or better yet, the hanging rope--for Bill Miller? How many billions of shareholder $$$ down the tubes if FNM and FRE common and preferred shares go to zero??? Wouldn't THAT be ironic, namely that Miller's big gamble to zero marked the bottom of the financial bear market--talk about self-fulfilling prophesies!
Cramer's Stop Trading! Goldman Has Nothing Better to Do (12/15/08) [View article]
Exploiting the Downside of the Markets [View article]
Instead of shorting, though, I'm playing 2x inverse ETFs like SKF, FXP, SRS, etc. Measured risk and leveraged potential reward if your timing is good. Take a look at the performance of OTM NOV call options on SKF Wednesday--close to a 1000% gain in one friggin trading session.
Chinese Market Annihilated - Cramer's Lightning Round (9/24/08) [View article]
Fannie & Freddie Bailout? - Fast Money Recap (9/5/08) [View article]