i agree with smarty pants - the seeds are sown--and they have been for many a year. No one canfix what these distrustful white collar thugs have done to what was once a great, reputable Wall Street.
The chickens always come home to roost, regardless of the emergency summit going on. Yes, 700 billion here, 1 trillion in credit card debt there, hedge fund speculators getting smashed and deflation (which is way worse than inflation) will rear its ugliness to the market soon. I'm way heavy in cash now, and have been for six months sans some coal, metal, gas and gold stocks. (ACI, BTU, CHK, PPL, FCX. ABX).
I don't remember Cramer recomendeing Wamu -- US Bancorp yes, out of his four fortresses - but not WM that I remember. He said he'd keep buying CHK into pain, too, and loves the company.
On Jul 23 10:10 PM DaveinHacken sack wrote:
> When did Cramer recommend buying WM? He's had the whole board of > that bank on his Wall of Shame.
Another Day Without Precedent [View article]
The chickens always come home to roost, regardless of the emergency summit going on. Yes, 700 billion here, 1 trillion in credit card debt there, hedge fund speculators getting smashed and deflation (which is way worse than inflation) will rear its ugliness to the market soon. I'm way heavy in cash now, and have been for six months sans some coal, metal, gas and gold stocks. (ACI, BTU, CHK, PPL, FCX. ABX).
Soup Target; Cramer's Mad Money (7/22/08) [View article]
On Jul 23 10:10 PM DaveinHacken sack wrote:
> When did Cramer recommend buying WM? He's had the whole board of
> that bank on his Wall of Shame.