350zCommtech's Account Talk

[350zCommTech]

Have a good weekend... (I know you will 'cuz you're safely tucked into G).

Thanks, you too.

 

[350zCommTech]

Mark to market?

 

[350zCommTech]

Jon Stewart interviews Jim Cramer part 2. Unedited.

http://www.thedailyshow.com/video/i...517&title=Jim-Cramer-Unedited-Interview-Pt.-2


Part 3. Unedited. This one is really good.

http://www.thedailyshow.com/video/i...518&title=Jim-Cramer-Unedited-Interview-Pt.-3

 

[steveg]

Wow! Stewart gives it to him pretty good! We need Stewart in Congress, asking these types of tough questions...!!

Steve

 

[Viva_La_Migra]

Wow! Stewart gives it to him pretty good! We need Stewart in Congress, asking these types of tough questions...!!

Steve

The problem is, we couldn't afford his team of writers and researchers that help him write up his questions and do his research before the show!:suspicious:

It's bad enough we might have Stuart Smalley in Congress! We don't need to load the place up with bad comedians!

 

[steveg]

Viva --

I agree with you, but on the other hand we also don't need the place loaded up with pansies who can't call out fraud and greed when they see it (most likely due to the fact that many of them are involved knee-deep in it themselves ).

Check out THIS article, about AIG and Congress. And we are bailing that company out with taxpayer dollars???

http://www.msnbc.msn.com/id/29724816

Steve

 

[Warrenlm]

I'm not one of Stewart's fans, not favoring his normal humor, but I thought this serious interview of Cramer was outstandingly on point. Cramer looked like the boy caught with his hand in the cookie jar. Stewart kept trying to bring the discussion off of Cramer personally and back to CNBC responsibility.

Stephanopolis had a round table of news kings on Sunday on the same topic and my perception is they failed miserably to follow through on the topic Stewart did so well with.

But, it's hard to expect a network or news kings to act any differently when their pay and futures are determined by ratings and ratings are determined by their ability to get big names from government or industry on their shows. Witness the soft hands that Stephanopolis had on Summers about bonuses. Light question and on to the next topic. No follow through if the official can deny you in the future.

 

[350zCommTech]

Jon Stewart accuses Jim Cramer and CNBC of being in bed with Wall St.

A comedian doing serious journalism tells you how fraudulent our system has become.

Did anybody catch 60 mins interview of Ben Bernanke? What a joke.

 

[350zCommTech]

The good news and market pumps just keeps coming. From bank CEOs to the .gov to retail sales and now housing starts unexpectedly rose 22% in February.

The sharks are trying to get the "herd" to think that it's safe to jump back in the water.

Think about this. Why would housing starts rsing be good news when existing inventory is at all time high?

Housing starts unexpectedly surge

Government report shows construction of new homes jumps 22% in February.

http://money.cnn.com/2009/03/17/real_estate/housing_starts/index.htm

 

[Birchtree]

The increase was due primarily to the increase in multi-family homes - the foreclosure folks now need a place to live other than returning to public housing.

 

[Birchtree]

If you have the time you can make a good baloney sandwhich from this article.

http://safehaven.com/article-12843.htm

 

[Gumby]

Think about this. Why would housing starts rsing be good news when existing inventory is at all time high?

The spin doctors at work. Foreclosures at an all time high also.
They will adjust their numbers next month.

Safe to get back in........not this skeptic.

 

[tsptalk]

If you have the time you can make a good baloney sandwhich from this article.

http://safehaven.com/article-12843.htm

Wow! Now that's some serious doom and gloom, and some very detailed predictions. I agree with birch - pass the mustard.

 

[mojo]

Oct 19 2007. Prechter called it just about perfect. Pretty smart guy imo.


http://www.youtube.com/profile?user=elliottwaveintl&annotation_id=annotation_103269&feature=iv

If you have the time you can make a good baloney sandwhich from this article.

http://safehaven.com/article-12843.htm

 

[steveg]

Wow. That IS some serious doom and gloom. And I thought Denninger was preaching doomsday... :blink:

Steve

 

[350zCommTech]

Golf season has started. Played 18 yesterday in beautiful 70 degree weather. I'm pretty happy about how my game started out this year. I hope to be able to shoot in the 80s consistently.

I'm going to take a break from posting here for a while. I'll just post my IFTs. You might find me posting at ETFTalk. With Birchtree posting lots information and technical analysis lately, there's no need for me to slow down this site with my charts.

Good luck everyone.

 

[Birchtree]

Hey, please don't dumb that load on my shoulders - I've always appreciated your graphs. Besides most good folks here don't believe a word I say regardless. So, don't go. Keep posting your talent because it is valuable.

 

[nasa1974]

Golf season has started. Played 18 yesterday in beautiful 70 degree weather. I'm pretty happy about how my game started out this year. I hope to be able to shoot in the 80s consistently.
Good luck everyone.

I'm jealous

 

[WIND_HUNTER]

Looks like you might have made a great "one day play" in the I fund. Nice job.

 

[350zCommTech]

Looks like you might have made a great "one day play" in the I fund. Nice job.

Thanks Wind,

I hope it turns out that way. The currency markets are suggesting it will.

I was pissed off last night when I found out Japan was closed. If I had known that, I would have gone 100% S fund. That's what I get for not doing my homework. I probably should have stayed in for the rest of the week, but if today turns out right, this month's return will exceed my 2%/month target. I'm playing this as a marathon.

I won't be around for the finish of today's market because I will be out on the course this afternoon.