Neitheraborrowerorlenderbe

Cramer's Mad Money: Deere Mr. President (11/3/08)

I've watched many Mad Money shows and he has publicly eaten a lot of humble pie. We all are responsible for our own investing decisions. If you leave it up to Cramer, you have to accept the results. I suggest you use Cramer to get insights on how to approach analysis of stocks and make your own decisions based on your due diligence and research. It's your money not his.


On Nov 04 03:10 PM Martin G.l wrote:

> I resent his attitude of total conviction as if he could not possibly
> be off the mark. He has made his share of bad predictions and should
> be less certain and a bit humble.
> Martin Gingold
> Warwick, Pa.

Cramer's Mad Money: Deere Mr. President (11/3/08)

I have seen Jim Cramer's show many times and he's publicly eaten a lot of crow about mistakes he's made. No one can predict exactly what is going to happen in the stock market or with a particular stock in the short term, but long term the market does go up. Do your due diligence and don't accept Jim as the Gospel, use his words as a starting point for your research.

Jim's just a guy who has made a lot of money in the markets and is trying to share his thinking and approach to investing. You do the math.


On Nov 04 03:10 PM Martin G.l wrote:

> I resent his attitude of total conviction as if he could not possibly
> be off the mark. He has made his share of bad predictions and should
> be less certain and a bit humble.
> Martin Gingold
> Warwick, Pa.

Wachovia Halts Wholesale Mortgages; Bank of America Won't Guarantee Countryside Debt

Wachovia may not have been supporting the credit brokers as they may have been doing business in areas outside the bank's footprint. Wachovia, in general, appears to want to stop providing credit to non-depositors. If they are making money off you in deposits, they'll be willing to make more money off you in extending credits.

Why Gold is Likely to Keep Moving Higher

thauthor wrote: "Above ground stocks of gold held for investment in the aggregate now rival that of central banks -- 25,800 tonnes held by private investors and 28,500 tonnes held by the official sector."

With miners producing ~2,500 tonnes per year that means there is a 20-year supply of Gold overhanging the market. At what price point will private investors begin to make their 10-year supply of Gold available? Ditto, the official sector?