gabe borenstein

The Cyber Monday Meltdown

Recession,Depression ,all of these scenarios have been mentioned by the media and discounted by the market.
After lagging the curve the FED,the Administration ,the Treasury and the Congress have addressed the issues effecitively .
Now we need moratorium on "short " positions for six months to allow the implemmented remedies to work.
At this point in time the media and certain"predator" funds are responsible for the investors paranoia.
Economy is heading for a moderate expansion in the first half of 2009 and major rebound in the second half of 2009.
Let the SEC contrbute to the analytical rationale and reinstate the moratorium on the short positions.
One more time ,the remedies applied are very dynamic and catalytic but need time to have an impact-i dont want to hear the free market "nonsense" anymore -I want to see the moratorium now ,not when it is too late..
For the record ,I have predicted the current events in an interview with Mark Gilbert in June of 2005 -that includes the level on the 10 yr Treasuries .I have repeated my convictions/prediction... on September18 /2007 during the interview with Brian Sullivan(Bloomberg TV-Fed time)-back then I was told that I was wrong as I am being told now that I am wrong.

Summer in the Citi - Fast Money Recap (5/2/08)

Perhaps it is time to focus on the broad market instead of perceived "singular"opportunitie... FED's aggressive easing to date ,will provide a broad market and economic momentum -but we need to allow for the lag.The fiscal stimulus is significant upward momentum enhancer as well .Using a multiplier of seven,the 140 billion dollars "rebate" ,becomes a significant trillion dollars stimulus.Between the two "jolts"and with some more accomodation from the FED ,we are heading for a major rebound. The record leveraged commodity speculation should not be confused with inflation.In real cyclical inflationary environment,the housing prices would be increasing at least with the rate of inflation.
Let's just focus on the broad stock market rebound and not waste time with individual picks .

Falling Timbers - Cramer's Stop Trading! (4/24/08)

I have seen Mr Cramer recommending Taser at a $ 90 as a buy and then I have observed the stock imploding .This has happened to quite a few of his recommendations .Now we know that he is human.Let's revert to AMBAC and other insurers as well.The "insured" paper is continously "devalued" forcing various parties to reflect the unrealized losses in their qurterly financial reports,the good news is that the unrealized losses are reflection of the worst case scenario.The economy is on the verge of a record rebound .The housing market will recover by the third quarter of this year.The CDOs and all derivatives of the subprime structured paper will stabilize and stage a major rally( recovery).All the unrealized losses will turn into mega realized profits. All of the financials including bond insurers will be gapping up. Most likely the financials will outperform any other sector.