herbert hoover

Closing Update for Tuesday, August 4

another whiner....


On Aug 04 05:40 PM Mad Hedge Fund Trader wrote:

> Hasta la vista baby! Welcome to the new bubble. I four months we
> have gone from 35% below the 200 day moving average to 15% above.
> It turns out that 1,000 in the S&P 500 is 38.2% recovery of the
> fall from the 2007 peak, a great Fibonacci number. DeMark indicators
> are showing that buying power is getting exhausted. Daily sentiment
> indicators are 88% bullish. RSI’s and oscillators are over extended.
> Every day the buyers show up, marching in lockstep with military
> precision, to give us our needed spike up at the close to keep the
> rally alive on the charts one more day. Worst of all, I am getting
> deluged with emails from subscribers asking if they shuld start buying
> now, buying everything. All of this, and we still have the second
> half of the “W” to discount. If the American stock market was the
> only issue, I wouldn’t really care, since most of my longs are overseas.
> But if the US rolls over like the Bismarck, emerging markets, foreign
> currencies, commodities, the energies, and junk bonds will be dragged
> down with it because everything is so interlinked these days. There
> will be no place to hide. I think the glass half full crowd is coming
> to the end of their run, so I would urge investors to pare down some
> risk. If your friends stay in, and they make a ton of money, that’s
> fine. Just let them buy the next round of drinks.

Cramer's Stop Trading! Caterpillar's Numbers Are Devastating (6/18/09)

By the way, what kinda genius is Cramer that he decides that CAT's 2009 PE ratio of 44 - yes 44 - might be a tad too high for this environment????????????

Cramer's Stop Trading! Caterpillar's Numbers Are Devastating (6/18/09)

Is this the same Cramer who said BUCY and JOYG were Buy!!!! Buy!!!!! Buy!!!!!!!!!!!

Cramer's Mad Money - Stop the Press, Stop the Pessimism (5/19/09)

Once again, Cramer proves that he is an idiot.

Cramer's Stop Trading! The Epicenter of Commerce (4/21/09)

The only thing CAT is good for is a short. It's current price puts it at 30 times forward earnings. Cramer is a moron

Cramer's Mad Money - 10 Tips for Obama

If Obama needs (or heeds) Cramer's advice, it's time to move to Antartica.