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  • Cramer's Mad Money - 10 Signs of Hope (3/3/09) [View article]
    "6. Things just can't get any worse for many stocks; U.S. Steel has fallen farther than it did during The Great Depression."

    Pretty easy for Cramer this time, there is more room up that down, it's kind of self-fulfilling prediction. Ever a short covering rally will make him look godd a for a little while.
    Mar 04 08:38 am |Rating: +1 0 |Link to Comment
  • Cramer's Mad Money - 10 Stupid Assumptions About the Market (2/18/09) [View article]
    Jim Cramer is the master of recommending buying assets at the highs, he's never anticipated the market, he just realizes there is a trend when prices are already either too high or too low. As many as all of his followers weren't able to get off the stock market last year until when it was too late. May be John Paulson would have been a better guru to follow as far as anticipating long term market moves. Has Cramer lost in his Charity Trust as much money as he made individual investors lose over the last 1 1/2 years? If he's made money for the Trust then he is a market contrarian to what he advices on TV, I would respectfully say. No wonder why he "wondered" the price of Gold was already up.
    Feb 19 08:05 am |Rating: +6 0 |Link to Comment
  • Frank Holmes: 'When Inflation Erupts, Gold Will Take Off' [View article]
    Well Frank, you got it partially right except for the short term outlook, Gold tends to consolidate in broand ranges over a long period of time, whoever has been leading readers to buy Gold at USD 900 acted in a Wall Street like irresponsible fashion (I said it before in this Blog, probabaly back in August) I've been called rookie and so other awful things for being bearish in Gold since Aug 2008. Where you got it right though is when you mentioned that inflation within the next couple of years is going to show the scariest numbers ever, however don't count on Gold establishing yet another bull trend before Jan/Feb 2009 and do not ever dare to contend the undeniable link between the USD and Gold. I would love to see the so called Economists in this Blog trying to explain why their short term USD 1000/1250 did not work. I tell you what, it did not work because they acted irresponsibly by not understanding what the big picture is. Expect the correction to reach a 100% retracement from the move USD 560 - USD 1033 then you can think about buying long term, the next move will last 2 years and can be another attack to USD 1000 in a multiyear analysis, however who cares if Gold reaches USD 1000/1500/2000? you will still be long Gold from the high USD 500 and if that happens then cash out anytime you want without even reading our "experts' articles". It took you guys so long to understand the cycle. History never fails to repeat itself. Cheers
    Oct 23 03:05 am |Rating: 0 0 |Link to Comment
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