August 6th, 2007
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I think Barry summed it up best.
There’s no other way to say this: Jim goes postal. When Cramer essentially begs the Fed Chair to rescue the big Investment banks, you know things have gone awry.
I think the clip is freaking amusing as hell. This is funny stuff considering Jim Cramer is the uber-bull. Someone who […]
October 10th, 2005
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I’m glad I wasnt’ invovled in Refco at all.
Refco Inc.’s (NYSE:RFX - News) shares sank 45 percent on Monday after the commodities broker put its chief executive on leave and launched an investigation into $430 million it was owed by an entity he controlled.
Yowsa. That’s gotta hurt. Do you think Thomas Lee is a bit […]
October 2nd, 2005
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I can’t put it any more bluntly, but Fannie Mae is a giant fraud and you should either get out or go short the stock.
Down Jones Newswires had the story on Thursday.
News that investigators have found evidence Fannie’s executives embellished earnings over the years by overvaluing assets, underreporting credit losses and misusing tax credits sent […]
August 10th, 2005
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always a communist. But at least they’re trying to go to a market economy. Whether they’ll get there is the question.
It seems China gave some guidance on the yuan revaluation and what the basket of currencies is. There’s no real information and there’s the communist “creed” in there too.
The central bank’s governor, Zhou Xiaochuan, also […]
August 9th, 2005
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At least that’s what it looks like from this story.
Large-capitalization U.S. stocks were supposed to have grabbed the leadership baton from their small-cap rivals by now. At least, that’s what most market pundits predicted at the start of the year.
And this is the perfect example why one must think for oneself and not listen to […]
August 8th, 2005
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Yeehaw everyone. It’s like 1999 all over again. Can you feel the love? I mean can you?
This story makes me wonder if the management of Yahoo isn’t smoking a little something.
According to Forbes.com, Yahoo is in “advanced” talks to buy 35% of Alibaba for almost $1 billion. Alibaba declined to comment on the report. Yahoo […]
July 15th, 2005
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Today the S&P 500 closed at a new 4-year high. So how does the current S&P 500 rally rank? To answer this question and to provide some perspective, all major S&P 500 rallies of the last 73 years are plotted on today’s chart. So what does this chart show? Several things… Over the past 73 […]