Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: queenleah who wrote (34177)	1/22/2008 6:42:43 PM
From: yaetmo	Read Replies (1) \| Respond to of 42834

Queen, You are barking up the wrong tree. That ain't Stockman. You are entitled --

To: queenleah who wrote (34177)	1/22/2008 7:20:48 PM
From: sea_biscuit	Respond to of 42834

BTW and FWIW, Cramer is on CNBC right now saying "put your cash to work". Well, that is worth less than nothing! He said the same stuff when the Fed did an emergency rate cut in 2001 as well. At any given time on any given day, Cramer will be shouting from the bottom of his ass that something or the other is worth buying (except on the days when he is having indigestion, I suppose!)

To: queenleah who wrote (34177)	1/22/2008 7:29:35 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 42834

As for Brinker, I think it's a bit premature to decide anything about what has or hasn't "bombed". What??!! Please tell me if this is a case of "bombed" or not : Jan 02 2008 - Bought S&P at 1450.0 Jan 22 2008 - S&P closes at 1310.50 i.e. Down about 10% in 13 trading days, and after a 75 bp rate-cut. And that is when measured in dollar terms. When measured in terms of real money i.e. gold, add another 4% or so to the losses. That makes it a whopping 14% loss in under 14 days!