Options Trader: Outlook for a Testy Tuesday [View article]
What's amazing that the market goes up the ladder one step and then takes 2 steps down. It keeps repeating the same defeating behavior. Its called a bear market. Lower lows...
Will We Know When We've Made a Low? [View article]
When we have hit a low we shall be up. This means do not try to catch lows and bottoms, trade with the trend up or down. When the market is up trade bullish when the market is down sell and sell some more.
Bad Mortgages Are Only the Beginning [View article]
There is no end to this. Asset bases being wiped off and lost forever. Real Estate once a wealth building tool, is now shunned and detested. Its a millstone around once neck. Actually buying real estate is considered a very unhealthy activity.
Its basically a change in attitude on the part of consumer. Consumers are negative and it feeds to their misery and they pull the temple down.
Americans have lost huge chunks of money in terms of net worth. Lack of values in real estate and sharp drops in stocks have wiped off the best asset base there is. Than came the obliteration of 401Ks, pension plans, IRAs and money market funds. To top this all off people are using savings to pay expenses since incomes have plummeted. This is a downward spiral very negative very disturbing. I have never seen it this bad.
Market may have put a bottom here. It seems that way. Fed rate cuts have so far put an end to vicious sell offs in the past. This may be the catalyst that the market may be looking. Watch next 2 days what happens here.
Golden State Asks Public Pension Plan for Help [View article]
" Kalifornia" is broke and the dumb Governor is begging for handouts. They raised so much taxes and have an aggressive Tax system but still they cannot make it.
American People spoke and I can respect that. House did what was good for the Main street than the Wall street. Why should Americans be footing the bill for the mistakes of few rich Wall street fat cats?
The markets will move big either direction depending how the bail out turns out. If its passed--expect an explosive cannonball rally 500 points up and if its a no go, expect a crash of gigantic proportions that will make heads spin.
WaMu Shows, Again, Smart Money Can Be Wrong [View article]
WAMU had it coming, we all saw that weeks ago. The bank run on WAMU was classical 16 billion withdrawn in 2 weeks.. Its sad whats happening to our 100 year old institutions.
Government may come out make $700 billion in due time.
They are buying discounted paper. Its an old real estate trick. You buy distressed mortgages for 50- 60 cents of full value. Mortgage is secured by our own homes and dwellings in our land with our own people!
When the market turns its worth full value in 2-3 years plus interest and penalties and other good stuff... I bet you wont call it toxic waste than.
Cramer is bearish? Selling into strength that's what it called, meaning a decline is inevitable soon? He is the last person I would think being bearish.
Sort by:
Latest | Highest ratedOptions Trader: Outlook for a Testy Tuesday [View article]
Will We Know When We've Made a Low? [View article]
Bad Mortgages Are Only the Beginning [View article]
Its basically a change in attitude on the part of consumer. Consumers are negative and it feeds to their misery and they pull the temple down.
Destruction of Wealth? [View article]
Is the End of the Crisis Near? [View article]
Golden State Asks Public Pension Plan for Help [View article]
O Bailout Package, Where Art Thou? [View article]
Looking for Hope [View article]
Look what you elected 4 years ago and how it turned out ?
Financial Markets Circle the Drain: Where Does That Leave Clean Energy? [View article]
O Bailout Package, Where Art Thou? [View article]
WaMu Shows, Again, Smart Money Can Be Wrong [View article]
Potash Corporation of Saskatchewan Inc. Q2 2008 Earnings Call Transcript [View article]
Hank Paulson, Buy-Sider [View article]
They are buying discounted paper. Its an old real estate trick. You buy distressed mortgages for 50- 60 cents of full value. Mortgage is secured by our own homes and dwellings in our land with our own people!
When the market turns its worth full value in 2-3 years plus interest and penalties and other good stuff... I bet you wont call it toxic waste than.
It's a Bull Market in Government Intervention [View article]
Prepare to Sell Monday - Cramer's Mad Money (9/19/08) [View article]