Bateman, oh boy, hourly earnings +.6%, unemployment rate 4.6%...gonna be dicey!
Yeah, intersting that Barton Biggs get's called on the carpet for his call...
...and yet TK weighing in with 4 est. cuts on a day when ALTR blows up, "chips of the table"...
..."he's the best there is".
I think Joe Kernan had it right when he sort of gave one of those quizzical looks and said something like "kinda like shouting 'fire' in a crowded theatre".
There used to be a time when Kurlak was strong enough that he wouldn't have to stoop to riding Mark Edelstone's coattails (Kurlak may be the axe on INTC, TXN, MU, but Edelstone is the axe on ALTR) or doing a 4-for-the-price-of-1 call on a day when the sector was weak anyway as a result of a warning.
Could it be that TK is loosing faith in his own abilities after everyone totally ignored his last call on INTC?
Oh, and speaking of TXN, anyone notice that Tom Kurlak actually cost his clients about 20 pts. of upside? He downed it when it was low-120's and it peaked @ 141? Could one argue that the best call on TXN in the recent past was actually made by Bill Milton at Brown Brothers Harriman back when it was trading mid-130's pre-split? He's a lot more bearish than me, but that was a good call.
Milton's also the guy who had MU at a "hold" and then just cut it to an "avoid" at the time when TK turned on MU. However, if you recall, TK came out and said that the sell-off was a bit of an overreaction back when MU was 40-41. So, if it's an overreaction at 40, and short-term low is about half that...that's evidence for the guys doing pro bono defense work on the "he's the best there is" case?
Good trading,
Tom |
