The Cramer Uptick threads are getting convoluted.
While no fan of Stein, he was an Eturd shill in 2000, and in my mind, warped as it is, killed people and made my job as a broker at the time ridiculously hard, I point out his populist message, noting it's only the beginning.' (cool sentence, eh?)
http://www.nytimes.com/2008/03/23/business/23every.html?_r=1&ref=business&oref=slogin
Now look. All the greed and everything, you can get by in a market going up. Even guys not making it are embarrased to complain. But now? Squeeze Susy's ass by the coffee machine, and the Federal Marshals will show up.
Here's what Wall St. will get in reaction to the last 6 years. The reaction, unlike physics, is never 'equal and opposite".
Increased regulation to the point of stifling growth, led by a gay guy. They can get kinda pissy, no? I'd say, over three years, it would extrememly difficult for the big four, maybe three or two before this is over, to get any earnings momentum.
http://www.nytimes.com/2008/03/23/business/23every.html?_r=1&ref=business&oref=slogin
Uptick rule comes back. Don't care what you think, it'll come back. It stinks of the unmitigated greed that is Wall St. the "we have to have it all, and everybody else are suckers" mentality went past ten on the 'bullshit meter'. Now, we all pay.
More and more sins will be uncovered in the Pension Markets, and the Guns and Badges will be all over the place doing the peoples' work.
Stein was never there when we needed him to help. He was always puttin' food on his plate. But he is what you get when you fleece everybody, then bribe the cops to look the other way. Eventually, the little guy gets it, and gets the courage to come forward.
I've said for a while, for reasons I won't post, Wall St. as you and I know it, is finished. I've known it since Christmas Eve. Now, you are getting to see it. Someday, you'll see the movie, read the book. Don't laugh, it's in the works.
Remember, these morons like th brilliant Blankfein have no place to go. He's fleecing GS to get his now. A Good Friday downgrade told you what you need to kn ow. Somebody is going to say , "well he's rich". Yeah, yeah. I hear the James Boys did pretty well for a while too. I told you. It's over.
And remember, we still have naked shorting to deal with. Maybe there is something else, but this alone is bad enough. Bear jetisoned at least on e postition we know of and it's looking for a home. It is a delisted stock somebody naked shorted the hell out of, knowing it's going to zero. But they need time, and gee, no one wants the position . Now, somebody is going to have to buy millions of a worthless stock in the open market, and jam somebody with a huge loss they can't take. Do you think it's the only one? Try, thousands. That's right. Add in the BB's and it's thousands. And somebody will say, "you've been talking like this for years, and I haven't seen anything. " And somebody's been banging your ole lady for years, and you haven't seen that either. Does that mean it isn't happening when, everynight when you come home, there's a cigar in the asstray?
We got trouble here in River City. The river this time is the Hudson.
While no fan of Stein, he was an Eturd shill in 2000, and in my mind, warped as it is, killed people and made my job as a broker at the time ridiculously hard, I point out his populist message, noting it's only the beginning.' (cool sentence, eh?)
http://www.nytimes.com/2008/03/23/business/23every.html?_r=1&ref=business&oref=slogin
Now look. All the greed and everything, you can get by in a market going up. Even guys not making it are embarrased to complain. But now? Squeeze Susy's ass by the coffee machine, and the Federal Marshals will show up.
Here's what Wall St. will get in reaction to the last 6 years. The reaction, unlike physics, is never 'equal and opposite".
Increased regulation to the point of stifling growth, led by a gay guy. They can get kinda pissy, no? I'd say, over three years, it would extrememly difficult for the big four, maybe three or two before this is over, to get any earnings momentum.
http://www.nytimes.com/2008/03/23/business/23every.html?_r=1&ref=business&oref=slogin
Uptick rule comes back. Don't care what you think, it'll come back. It stinks of the unmitigated greed that is Wall St. the "we have to have it all, and everybody else are suckers" mentality went past ten on the 'bullshit meter'. Now, we all pay.
More and more sins will be uncovered in the Pension Markets, and the Guns and Badges will be all over the place doing the peoples' work.
Stein was never there when we needed him to help. He was always puttin' food on his plate. But he is what you get when you fleece everybody, then bribe the cops to look the other way. Eventually, the little guy gets it, and gets the courage to come forward.
I've said for a while, for reasons I won't post, Wall St. as you and I know it, is finished. I've known it since Christmas Eve. Now, you are getting to see it. Someday, you'll see the movie, read the book. Don't laugh, it's in the works.
Remember, these morons like th brilliant Blankfein have no place to go. He's fleecing GS to get his now. A Good Friday downgrade told you what you need to kn ow. Somebody is going to say , "well he's rich". Yeah, yeah. I hear the James Boys did pretty well for a while too. I told you. It's over.
And remember, we still have naked shorting to deal with. Maybe there is something else, but this alone is bad enough. Bear jetisoned at least on e postition we know of and it's looking for a home. It is a delisted stock somebody naked shorted the hell out of, knowing it's going to zero. But they need time, and gee, no one wants the position . Now, somebody is going to have to buy millions of a worthless stock in the open market, and jam somebody with a huge loss they can't take. Do you think it's the only one? Try, thousands. That's right. Add in the BB's and it's thousands. And somebody will say, "you've been talking like this for years, and I haven't seen anything. " And somebody's been banging your ole lady for years, and you haven't seen that either. Does that mean it isn't happening when, everynight when you come home, there's a cigar in the asstray?
We got trouble here in River City. The river this time is the Hudson.
