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To: djia101362 who wrote (1919)1/23/2010 11:16:25 AM
From: Keith Feral  Respond to of 4366
 
Ridiculous. Cramer was pounding away at GOOG a couple weeks ago with a $700 price target, now he thinks it can't be bought at $550? Just an example of the guilt and remorse of a guy that stuck his nect out, got his ass kicked and now wants to go away.

In the back of my mind, the WH is using regulatory threats to talk down inflation. Now that the economy is back on track, and the FED is still another couple quarters away from tightening interest rates, policy threats are a cheap and easy way to tame inflation.



To: djia101362 who wrote (1919)2/3/2010 9:24:40 AM
From: Keith Feral  Respond to of 4366
 
Seasonal top in the market from Oct 15 to Feb 15 has put a nice strangle trade on the market. Things look about as cheap as they are going to get, give or take a couple hundred points on the DOW. Last Friday looked like the low, but it could be retested.