Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: redfish who wrote (63093)	4/30/2005 10:51:53 PM
From: Slagle	Read Replies (1) of 74559

redfish, Maybe what Cramer really wants is the job of Fed chairman, he's had it all, famous trader, TV star, author. So he has a thing about 3.5%, does he? He thinks that if rates go too high that the car companies and others may go broke and he may be right. They may go broke anyway. There is a concept you hear quite often on money radio and all the time on the message boards that there is a sort of collusion between these performers on the TV money shows and others including the fund managers to lure the public into "buying at the top" and thereby provide the liquidity for the big guys to get out and I really believe there may be something to it. It wouldn't have to be a formal conspiracy, I suppose that would be illegal, but it my just be human nature to look out for yourself and your peers and to have a sort of instinctive feel for what is benefical. These guys drink in the same bars and go to the same country clubs, if you know what I mean. I do think that Cramer himself might be a "loose cannon" as far as the collusionary tendancy goes. Slagle

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