i beg to differ with you ray. you are very short sighted about buckle's stock. do you really think that after hearing cramer's opinion about a stock that everybody just goes crazy buying it? you are a very assuming individual. just because us amateur traders are not educated in economic fantasy doesn't mean we are stupid. and, bronson young, if you happen to watch lightning round are you put under some kind of spell? fear the lightning, don't watch it, you'll go broke. you don't lose money on the stock market until you take it out and put it in a savings account. cramer's show is the only good entertainment on tv. cut the crap you short sellers.
Economic Crisis Wasn't Caused by Subprime Borrowers Despite What WSJ Says [View article]
that's exactly why baracko won the election... you SHOULD be paying 55% taxes. not taxing the filthy rich enough is what caused this meltdown and baracko is here to change that. read it like this...record number of voter participation in the 08 election. if you don't have the courage to run for public office or join the military service then you should at least help the cause with a higher tax obligation.
On Jul 23 10:07 AM Gravity404 wrote:
> I think the blame can be shared with everyone across the board except > for the responsible people, such as myself, and I am sure a lot of > SA commentors, whom will be the ones,soley, paying to get us out > of the crisis. > > The latest I hear from the Obamanomics is I will probably be paying > 55 percent taxes by next year with limited decutions. > > I feel so warm and fuzzy.
This Rally Is Sustainable: Halftime Report, Part 2 [View article]
nice to read some positve comments for a change. unemployment at 10% actually means employment at 90%. simple math is un debateable. don't worry, be happy with what's there and make the most of it. america has always, without fail, in our history, been resilient and most of all, resourseful. one must use extreme caution when trying to lasso a moving train.
Another Compelling Case for Higher Equities [View article]
hey i need more, i have an idea. since you're so smart, why don't you try public service for a living. you could wipe out the tax system all together. i know many wounded and dead veterans of this country's wars that would love to be paying taxes again. did you spend any time in the service to the country you live in? i know some people who pay more in taxes than i will ever make in a lifetime and they complain, like you do. you guys don't understand that most of us in this country would love to be paying $300,000.00 dollars a year in taxes. you def should run for some kind of public office as your ideas and attitude would serve you well. lol
GE Results Validate Theory: Severe Economic Contraction [View article]
out of all contractions comes new birth. great pain leads to great joy. the filthy rich are being attacked by robin hood. the only way to counter this attack is for the filthy rich to manipulate the market so everybody gets rich. never before has there been an opportunity for common working folks to accumulate wealth by sitting in front of the tv with a computer on their lap. jim cramer is our leader and he is showing us how to make money from this manipulation of the market. why would anybody be surprised that the market is being manipulated. if you think this is news then i'd like to ask if you have any interest in buying a bridge i know of. what a bunch of over educated cowards. buy buy buy. sell sell sell. spend spend spend.
What REALLY Caused the Mortgage Crisis - And What to Do Now [View article]
author failed to mention the organized criminal activity perped by the appraisers and the century 21s of the world. i worked in construction all my life and i can't count the number of my coworkers who left the trade and all of a sudden they are real estate appraisers. most of these guys could not even spell appraiser and now they are one. one day they are tying rebar and the next thing you know they are appraising real estate for the mortgage brokers. what a country!!! and after all the harm they caused, they do not lose their license,( if there is such a thing). i recall filling out a mortgage app in 1993 (to appease the little lady of the house) and purposely tried my best to get turned down. it didn't work. we were handed the mortgage, which we could not afford and it only took three years before a divorce took place and i dropped off the keys back to the real estate agent and never looked back as i walked away scratching my head and wondering what just happened??? the agency has since sold the same property again, collecting his commision and laughing all the way to the bank along with the appraiser, who yes, got another appraisal fee. what a scam. as bernie found out, all scammers eventually show themselves as they really are unless the feds back them up. not much difference in losing your nest egg to bernie or the housing market except one goes to jail and the other just keeps going. there is a blatant and obvious need for more consumer protection and regulation in this area.
Equity Markets Decline Following Labor Data [View article]
you do not have a very good grasp on what the cause of this whole reccession is. foreclosures for ordinary people are the results of liberties taken by appraisers and mortgage brokers. i think it's referred to as predatory lending. people become frustrated with the bind they're in because of these shylocks. the house they bought 7 or 8 years ago now needs some serious repairs that can't be financed with cash on hand. for what ever reason the appraiser comes to the home and doesn't even look at it as he underprices it to the point where the refinancer can blame the appraisal for rejecting your loan for a new roof. the roof leaks, you're now stuck with a liability instead of an asset so you stop throwing your money away on a worthless piece of property. foreclosures have not as much to do with unemployment as it has to do with no hope and no other choices. "ok mr. bank, you rejected my home improv loan so here's your piece of junk back." as for the unemployment rate being 10%, the main reason for that is all the businesses in america have been over hiring for years. that's the way you get a cost effective work force. everybody knows there are 6% of their workmates who get paid more than what they produce. there are always difficulties when a business owner wants to selectively layoff workers so they layoff 10% of the work force so they can hire back the 4% they really wanted to keep anyway. this process takes it's time to work through the system but it will all come around when customers start clamoring for products that are needed for the projects and production going on in this country. if the stock market is based on a company's earnings/profit, then we should be seeing the market going up. the only problem with the market not moving logically is the fear factor, which leads to money hoarding by the filthy rich republicans who listen to and watch the fearmongering FOX channel. for the life of me, i can't figure out why anyone would want to be associated with the party of hoover (ultimate ostrich), eisenhower, a deranged murderer ( ANYBODY HEAR OF EDDIE SLOVIK?), richard nixon ( no words to describe that jerk) ronald reagan (look at california today) the bushwackos and cheney and so on and so forth to the penultimate FOX super hero, sarah (i quit) palin. anybody wonder why the country is so divided? thank the republican power grabbers, the religious idiots who still believe in a book that was written and read by people who thought the world was flat, the chicken little fear mongerers and the divide and conquer agenda of the GOP. i recall a typing exercise used during the war years. my mother taught it to me and it goes like this.... NOW IS THE TIME FOR ALL GOOD MEN TO COME TO THE AID OF THEIR COUNTRY. let's go america...buy buy buy....sell sell sell.....spend spend spend.
Oh, So Now There Are No Green Shoots? [View article]
why don't we admit that the stock market IS the biggest and best ponzi scheme out there and play it like that. there is absolutely no logic or sane arguments about which way the economy will go. one "expert" says this and the other "expert" says that. and they are both convicted to these opposite assessments. there is the proof that the market is a pyramid game. we can't beat 'em so why not join 'em. stop hoarding money and put it to work in the world's commerce. what is the difference in losing your nest egg with bernie madoff and losing it in the stock market??? same results, only one goes to prison and the other just keeps on going. like i've said before, there is no rocket science in buying something for 5 and selling it for 7. negativity is bad for one's health, emotionally as well as physically. it's also poison for the stock market and all ponzi schemes.
Oh, So Now There Are No Green Shoots? [View article]
there is absolutely no motive for the the nuts on cnbc to deliberately mislead us. they just called it wrong. you are calling it on monday morning. there may be 10% UNemployment, but all that means is there is 90% EMployment. those guys made a desperate and valiant effort to stop the panic and it didn't work. i have no use for monday morning quarterbacks. BUY BUY BUY SELL SELL SELL SPEND SPEND SPEND. THAT'S ALL WE NEED TO DO AND THE ECONOMY WILL ROLL.
On Jul 03 10:12 AM wpdragon wrote:
> " ...Letting manic commentary in the media influence your thinking > can precipitate panic trading. Think about the last few years from > a very big picture. How bad is this really? And how much has changed > in the last three months? This has been pretty bad, though not Armageddon..." > > > It has been damn close to Armageddon if one truly understands that > we stood on the precipice last September 18, and again in early October. > And many people took monstrous, unnecessary losses by holding onto > stocks last year when Cheerleader Central proclaimed there would > be no recession, that people were talking themselves into negativity, > that the Bush "stimulus" would have the economy roaring out of its > temporary weakness by Fall '08. > > I still kept the volume on CNBC (most of the time) in those days, > it was to me a great contrarianwarning indicator to what I had been > seeing develop over the past year in the credit markets, and I remember > clearly the Spring '08 comments by shills at CNBC such as Kudlow, > Kneal, Bartiromo, Cramer, Burnett and most of their peers who proclaimed > that Goldilocks was "alive and well" (She was D.O.A.), that "we are > not in recession" (Oh yes we ARE), that "there will be no recession" > (Oh yes there WILL), and then looked into the camera and actually > scolded their viewers for being negative and bringing on the economic > weakness themselves. The Dow was in the upper 12,000's then, rallying > off the Bear Sterns weakness, and these cretins were accusing their > viewers of being the cause of the problems. > > So, many people evidently took a gut check and decided to stick it > out after their scolding. And less than 6 months later their equity > portfolios were down 50% from the post Bear rally level, and over > 60% from the Oct '07 lows. Presently, even with this latest bear > market rally, they are still down 41% from the highs and facing rough > economic times ahead that could cause further erosion in equity prices. > > > I keep CNBC on mute 90% of the time now, as Nesto and the rest of > the sugarplum fairies rant on about green shoots, and am thankful > that my cynicism and open mindedness about what was really happening > last year saved my bacon, but many people listened to the pied piper > and got their heads handed to them. > > And I will go to my grave believing that we were intentionally mislead > by a bunch of jerks who knew EXACTLY how bad things were going to > get, and sacrificed us to the Street anyway. > > The moral of the story, if there is one, is do your own due diligence, > be very suspicious and wary of everything the main stream media and > particularly the shills at CNBC tell you (as Mike said, they're selling > ads, not wisdom), and for God's sake listen to that inner voice when > it starts gnawing at you, because on Wall Street if it looks like > crap, smells like crap, and tastes like crap, the Street's gonna > be having a one day sale on it just for YOU.
Wealth in Stocks, Not Real Estate Key to Consumer Spending [View article]
finally someone hits the nail on the head. there is some gross un fairness for us little guy stock traders with the pre and aftermarket trades. last week i owned 350 shares of BEAT. i went to bed monday or tuesday night with a small profit and happy with my cost basis. i wake up, turn on my etrade and see the stock has already lost over 4 dollars before i could even make a trade. finally had to settle for a loss of over 2 thousand when i was able to sell at 8 am. what's up with that crap??? doesn't the market want us little guys to play too??? let's all get real here and face the fact that the whole thing is a ponzi scheme, tho' regulated(somewhat) and legal. all you people holding on to cash need to start getting in on this. bernie showed the world how to make money and i am totally convinced there were no "victims" only accomplices. bernie, and his cronies, made the big mistake of religiously hiding their money in a swiss bank instead of spending it to keep commerce going. keep money moving through the systems and everybody will be wealthy. like cramer says....BUY BUY BUY, SELL SELL SELL, SPEND SPEND SPEND! THAT'S ALL WE NEED TO DO. LET'S GET WITH IT AMERICA!!! when everybody is wealthy there will be no more complaining and pissing and moaning, no more negativity. money is NOT the root of all evil, religion is.
Job Loss Trend Far More Severe than Prior Two Recessions [View article]
you guys are all wet. THE EMPLOYMENT RATE IS 90%!!! the other 10 includes about 6% who do not want to work. i heard some nut on cnbc the other day say that all pres. obama had to do was suspend the income tax for a year. he never addressed what kind of instant inflation that would cause. we need commerce to get going. it really is that simple, folks.
sleeperhold's got it right. this economy still works by supply and demand. we demand less gas, gas goes down and when we demand less and less credit the interest rates will go down. it may take a few years but if we all payoff the cards and refuse to use, we can bring the banks to their knees begging us to accept their so called "services". we don't need washington and their toothless protection for consumers. a credit card "tea party" will do the job. this truly is in our power and we need to spread the word. no more credit/ pay with debit.
Head and Shoulders Action Almost Perfect [View article]
i agree, no wonder GE stock is in the tank. i guess for the right money you can get anybody to go on the air and make a jack ass out of themselves. what i can't understand is, how these people on cnbc think they are relevant. i watch it on mute.
when alan roth lables other people as suckers he shows himself off as another conceited, pompous ass who actually thinks a person needs a quarter of a million dollar education in financial hocus pocus to make money on the stock market. buying something for 5 and selling it for 7 is nowhere near rocket science. i've been doing that since i was 8 years old. if "nest eggs" are not poker chips then just what are they? far better to go to the grave loaded with liabilities than a truckload of assets. it's astounding as to how many people like roth equate shrewdness with intelligence. i've met many poor souls who are educated beyond their intelligence. cramer is smart. roth is shrewd. who do you trust?
Sort by:
Latest | Highest ratedCramer Needs to Apologize [View article]
Economic Crisis Wasn't Caused by Subprime Borrowers Despite What WSJ Says [View article]
On Jul 23 10:07 AM Gravity404 wrote:
> I think the blame can be shared with everyone across the board except
> for the responsible people, such as myself, and I am sure a lot of
> SA commentors, whom will be the ones,soley, paying to get us out
> of the crisis.
>
> The latest I hear from the Obamanomics is I will probably be paying
> 55 percent taxes by next year with limited decutions.
>
> I feel so warm and fuzzy.
This Rally Is Sustainable: Halftime Report, Part 2 [View article]
Another Compelling Case for Higher Equities [View article]
CNBC Denies Culpability in Roubini Saga [View article]
GE Results Validate Theory: Severe Economic Contraction [View article]
What REALLY Caused the Mortgage Crisis - And What to Do Now [View article]
Equity Markets Decline Following Labor Data [View article]
Oh, So Now There Are No Green Shoots? [View article]
Oh, So Now There Are No Green Shoots? [View article]
On Jul 03 10:12 AM wpdragon wrote:
> " ...Letting manic commentary in the media influence your thinking
> can precipitate panic trading. Think about the last few years from
> a very big picture. How bad is this really? And how much has changed
> in the last three months? This has been pretty bad, though not Armageddon..."
>
>
> It has been damn close to Armageddon if one truly understands that
> we stood on the precipice last September 18, and again in early October.
> And many people took monstrous, unnecessary losses by holding onto
> stocks last year when Cheerleader Central proclaimed there would
> be no recession, that people were talking themselves into negativity,
> that the Bush "stimulus" would have the economy roaring out of its
> temporary weakness by Fall '08.
>
> I still kept the volume on CNBC (most of the time) in those days,
> it was to me a great contrarianwarning indicator to what I had been
> seeing develop over the past year in the credit markets, and I remember
> clearly the Spring '08 comments by shills at CNBC such as Kudlow,
> Kneal, Bartiromo, Cramer, Burnett and most of their peers who proclaimed
> that Goldilocks was "alive and well" (She was D.O.A.), that "we are
> not in recession" (Oh yes we ARE), that "there will be no recession"
> (Oh yes there WILL), and then looked into the camera and actually
> scolded their viewers for being negative and bringing on the economic
> weakness themselves. The Dow was in the upper 12,000's then, rallying
> off the Bear Sterns weakness, and these cretins were accusing their
> viewers of being the cause of the problems.
>
> So, many people evidently took a gut check and decided to stick it
> out after their scolding. And less than 6 months later their equity
> portfolios were down 50% from the post Bear rally level, and over
> 60% from the Oct '07 lows. Presently, even with this latest bear
> market rally, they are still down 41% from the highs and facing rough
> economic times ahead that could cause further erosion in equity prices.
>
>
> I keep CNBC on mute 90% of the time now, as Nesto and the rest of
> the sugarplum fairies rant on about green shoots, and am thankful
> that my cynicism and open mindedness about what was really happening
> last year saved my bacon, but many people listened to the pied piper
> and got their heads handed to them.
>
> And I will go to my grave believing that we were intentionally mislead
> by a bunch of jerks who knew EXACTLY how bad things were going to
> get, and sacrificed us to the Street anyway.
>
> The moral of the story, if there is one, is do your own due diligence,
> be very suspicious and wary of everything the main stream media and
> particularly the shills at CNBC tell you (as Mike said, they're selling
> ads, not wisdom), and for God's sake listen to that inner voice when
> it starts gnawing at you, because on Wall Street if it looks like
> crap, smells like crap, and tastes like crap, the Street's gonna
> be having a one day sale on it just for YOU.
Wealth in Stocks, Not Real Estate Key to Consumer Spending [View article]
Job Loss Trend Far More Severe than Prior Two Recessions [View article]
Credit Cards: Higher Loan Losses Mean Higher Interest Rates [View article]
Head and Shoulders Action Almost Perfect [View article]
Defending Cramer's 'Madness' [View article]