jamookey

Cramer's Mad Money - It's the Economy, Obama! (7/8/09)

As usual most of the comments are more to the point than this article.One thing not metioned here is that large corporations are begging for universal health care.Health care costs are the biggest reason for GM's bankruptcy.Every other first world country and some third world countries provide a type of health care insurance for their citizens,but we in The great U.S.of A. are supposed to buy into the premice that health care for our people is socialism,well at least to hear the republicans tell it.

Obama's Sure-Fire Formula for Accelerating Inflation

I think we should put the author Jackson in charge of the fed.He seems to have all the answers.He complains alot,but offers no other solution to the problems Bush left behind.Typical pundant.Talk about spending,Jr. never vetoed one spending bill.Since the republicans owned congress for 90% of his term it makes one wonder what this jackass is talking about.

Irrational Pricing in Crude Oil

SDUYCK,They have no choice.They will pay3,4,5 who knows how high it will go.What do you suggest that they quit their jobs?Stop taking their kids to soccer games?Buy fuel efficient vehicles?None of these things are going to happen.And what you forget is that the Chinese need billions of barrels of oil just to build all the roads they are planning so their citizens can do the same.Watch.

Irrational Pricing in Crude Oil

They aint finding any new major fields.Maybe the author should study crude before he makes any more dumb remarks.Whether the economies of the world recover this year or next,crude is being depleted.quickly.We all saw how the fast the world will ramp up consumption.Should we wait until this bozo says..
'well I guess I was wrong.."He is probably short oil and is getting killed.Should we also stand around with our crying towels?

This Government Can't Be Serious

I bought gold back in '04 and'05 when there was some room for profit.Buying gold and silver at these prices seem pointless.Not much upside,especially when the world economies recover people will be dumping metals for equities.I guess there is some hope for metals if inflation picks up,but I wouldn't bank on that.

Three Reasons to Own Oil E&P Stocks

KyBEC I have owned PSEC for about 2.5 years.I have about 1k shares at an average price of 9.$.Most of their holding are in the energy sector.Unlike other BDS companies their income should be more reliable since energy is still doing faily well even in this down turn.That was what attracted me to this stock.And they have not disappointed me.I own 5 different MLP's.I'm in it strickly for the dividends as a supplement to my retirement income.The management has been buying agressively,so it might be an indication of confidence in their business model.I hope this helps a little,good luck,MOOK

Three Reasons to Own Oil E&P Stocks

The author's article was on point until he began his Obama tirade.I would remind him that Bush jr. began this mess Jr. began bailing out companies in his last year.Jr. had ruined the dollar within two years of being elected in '00.I remember treasury sec.Snow being grilled on the dollar's decline constantly repeating"...the president believes in a strong U.S. dollar.."yet he knew he was making a fool of himself.If anyone is to blame,let's put it on the the right jackass.Without the useless war in Iraq we would not have seen oil climb to record highs.But I suppose that was Obama's fault also.If the author doesn't like the way the country is being run,he can always move.

Dow 6500 in 6 Months or Less?

The shorters just can't let go.Much like the misplaced optimism of a year ago,shorters just don't know when to quit.Wake up!the easy money has been made.All the bullshit posted here about the dow making new lows is just that.Greed drives everyone.Where are you going to put your money?Treasuries are getting killed,money markets give back next to nothing.My bet is that big money is looking for returns and that means equities.maybe they are a little ahead of the game,but don't kid yourself,the short play is over.

Dow 6500 in 6 Months or Less?

90 percent of economist say you are wrong.I may be just a dog,but even my teeth are in better shape thatn yours.

It's the Oil Price, Stupid!

The author is correct.The idiots that bought homes they could not afford were not forced to do it.We have no choice as to whether we buy gasoline or not.When oil spiked and gas rose to 4.50 per gallon they realized they could not afford to go to work AND make thier rising mortgage payments(ARMS).So the downward spiral began.If we look back at the 70's it was inflation that was the enemy,caused by high oil prices.We still have the inflation ahead of us,and it will be much worse that the 70's.

Will Obama Deliver on His Rhetoric?

So easy to criticize.Will the author tell us how he would do things better?The bail-outs began with JR.the economy was allow to run to ground by JR.'s administration.Now these geniouses are here to criticize.Well,tell us how and what would you do different?

S&P Still Considers This Market Cheap

Biriny,Lefkovich,Leuthold must all be idiots if one listens to this author.True that the economy is not going to the moon anytime soon,but I hate to remind the author that the market looks forward,not backward.We shall see.

This Chart Can Kill Any Bull

The author criticizes all the bull pundants,but not the bear pundants.Of course we are to believe this guy knows what he is talking about.Bull.Everyone of these pundants have their own positions to think of,they don't give a crap about anyone else.Maybe he is right,maybe he is wrong.After reading his article,I don't think we have learned anything new.

The Market Outlook? Depends Which Business Channel You Watch

Manipulation is a way of life in this new era of electronic trading.If you remember back in the 70's and early80's,there was no Ameritrade,esignal,etc... real investors got into the market.Now any idiot with a computer and internet access can trade themselves broke.Big money still manipulates this market as it always has,but now with so many more psuedo traders trying to become rich,these financial tv programs are flourishing.Bloomberg does seem to be the best of them,but as I watch BTV I notice how varied the opinions are.One can not really make any real decisions on investing by listening to pundants that have their own agenda they wish to push.Even this site.ALPHA, has its own pundants pushing their opinions.They always give dislosures of the bias,long or short.As if this justifies some of the stupid remarks I have read here over the last six months.It still holds true to do your own research,form your own decisions on real facts not pundant bullshit and you will be much happier and wealthier in the long run.

Pending Home Sales Up: Does That Mean Anything?

It's at least some sign of a bottom.These numbers are'nt going to set the real estate market on fire,but it is a start.Bears are welcome to their opinion,but even bear markets turn eventually.We seem to be in a bear mindset,thinking and predicting caution,even fear,but a lot of bears lose their asses as markets turn and they stay on the fear fence.