tag:blogger.com,1999:blog-2335748440449035592.post5923503431441791664..comments2008-07-31T13:12:26.499-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-5614644282015839652008-07-31T13:12:00.000-04:002008-07-31T13:12:00.000-04:00mark you gotta see Rev shark and fitz taking shots at Cramer saying that anyone who calls a bottom must disclose how many other "bottoms" they wrongly called.<BR/><BR/>Then cramer responds and says he doesn't care about what rev said...then rev basically said how bottom calling is idiotic.<BR/><BR/>You gotta read this stuff its priceless..u have realmoney..right?<BR/><BR/><BR/>cramer breaks his own rules hes so dumb....arrogance is a sin- then why do u keep calling bottoms and arrogantly laughing at bears.<BR/><BR/>its so funny because he doesnt want his viewers missing the move...and rally but if they listened to him before they will have no capital left....soccerbill8http://openid.aol.com/soccerbill8noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-41313570774948082232008-07-31T10:52:00.000-04:002008-07-31T10:52:00.000-04:00Dr J<BR/>all about time line<BR/><BR/>I lifted some shorts across the board yesterday when the market looked spiffy. If we break to 1290+ and 1305+ just have to ignore fundamentals. Like we did in fall 07 and spring 08. At least for a few weeks. Financials have a long road to hoe but the thinking now is 22 cents on the dollar means we're all ok, since we've know "computed" the cost. The only problem is its not really 22 cents on dollar for Merrill assets because Merrill not only financed it but took a ton of the risk. Maybe 10 cents on the dollar. And who will buy everyone else's junk?<BR/><BR/>So its about timelines - I'm more neutral in the short run but still a bear long. But if financials break down in 48 hours I'll change. This market has no memory.<BR/><BR/>Bill, read my last post of the day yesterday (pre 4 PM) with the matador - then read Cramer's 4:06 PM post yesterday<BR/><BR/>cmon now, this guy loves my blog! :)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-57763452231387800952008-07-31T10:43:00.000-04:002008-07-31T10:43:00.000-04:00OMG cramer just said he reads seeking alpha for real estate data, and he says it’s good. I wonder if he was directed to a mysterious guy trying to start a mutual fund too from seekingalpha??<BR/><BR/>The good news is that he can definitely no be reading your blog because he called for the bottom, and said sorry bears…we’re not taking out july 15 lows’ like the market, cramer’s performance is low but not bottoming and time soon.<BR/><BR/>LOLsoccerbill8http://openid.aol.com/soccerbill8noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-33547953792404995252008-07-31T10:20:00.000-04:002008-07-31T10:20:00.000-04:00Mark is infinitely wiser than me, but my 2 cents follows ;)<BR/><BR/>Shorting financials is risky because of the possible fed intervention that can happen at any time. Your research and thesis can be completely correct until the good ole fed drops in to save the day.Michaelhttp://www.blogger.com/profile/14603027333434481007noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-78578892335844407182008-07-31T09:59:00.000-04:002008-07-31T09:59:00.000-04:00Mark,<BR/><BR/>Does this change your stance on all your ultrashorts? I see more bank writedowns and still banks are "ok", please...DrJhttp://www.blogger.com/profile/03896304023031476591noreply@blogger.com