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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (48363)12/29/2005 4:58:47 PM
From: Knighty Tin  Read Replies (3) | Respond to of 110194
 
I still remember the April 2000 piece he wrote about the telecom stocks you just HAD to buy now. A few years later, when most of those cos. were belly up and all the stocks were down by huge amounts of money, he sloughed off criticism by saying he cut his losses early. <G>



To: UncleBigs who wrote (48363)12/29/2005 5:01:39 PM
From: wwoob1  Respond to of 110194
 
>>the most ridiculous thing I've heard <<

I guessed you don't know a lot of former residents at Willowbrook is working for wall st. One of them went to HK and outbid Li Ka Shing's company in land auction.

>>China crashes<<
I hope so, the poor Chinese are running out of clean water and air. They are running out of rivers to put in more Love Canal. The rural Chinese would be happy to witness urban millionaire flippers jump off the Pu Dong skyscrapers.



To: UncleBigs who wrote (48363)12/29/2005 5:14:08 PM
From: zebra4o1  Respond to of 110194
 
re: Cramer looking forward to a housing bust.

Isn't rationalization one of the five stages of grieving? We are starting the grieving process for the death of the housing boom.

Oops, I see that denial is the first stage. Well maybe rationalization is a just a subtype of denial: Here are the stages:

1. Denial
2. Anger
3. Bargaining
4. Depression
5. Acceptance



To: UncleBigs who wrote (48363)12/29/2005 6:03:53 PM
From: XBrit  Respond to of 110194
 
As I've said before, Cramer's only real talent was as a very short-term trader. Everything he says should be interpreted with the preface "Trading decisions over the next 3 days should be made as if...". Then it's quite understandable that he can chnage his views so drastically and quickly.



To: UncleBigs who wrote (48363)12/29/2005 8:40:07 PM
From: Kailash  Read Replies (1) | Respond to of 110194
 
Uncle, let me explain it to you <g>: there's always vast amounts of capital looking for a home, more than there are homes... These sad orphans pile up on whatever is hot at the moment. If housing goes down, they'll move back to stocks. Gold just isn't a big enough market, you see, to absorb this kind of orphanage.
Get it now?

Anyway, the Cramers of this world have to make a living too. I don't envy him now being professionally obliged to predict a bull market!