- Oct 27, 2006
- 20,736
- 1,377
- 126
http://www.break.com/index/jim...mer-cnbc-meltdown.html
Financial types here have a comment on this?
Financial types here have a comment on this?
Originally posted by: PC Surgeon
The FED is in a catch 22. They either close the doors and the market collapses or they open the gates and inflate to heavenly blue. Oh you wanted "financial types"...oops
Originally posted by: LegendKiller
Originally posted by: PC Surgeon
The FED is in a catch 22. They either close the doors and the market collapses or they open the gates and inflate to heavenly blue. Oh you wanted "financial types"...oops
Because there's no alternative somewhere between the two scenarios...
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Originally posted by: PC Surgeon
Originally posted by: LegendKiller
Originally posted by: PC Surgeon
The FED is in a catch 22. They either close the doors and the market collapses or they open the gates and inflate to heavenly blue. Oh you wanted "financial types"...oops
Because there's no alternative somewhere between the two scenarios...
I know its sarcasm. Yes they are hoping that the decreased interest rates will spur growth, but as mentioned in other threads, there may come a time when those rate cuts have no effect. They have little effect now so its only a matter of time before we see them ineffective. In the end, even if in some miracle we avoid massive economic turmoil the inflation caused by the FED will be felt for years to come.
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
Originally posted by: sirjonk
Yeah, him last week on Bear Stearns:
http://www.liveleak.com/view?i=2b7_1205751955&p=1
Originally posted by: bbdub333
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
I'm telling you that this is the exact same video from like August of last year. I'd put good money on that fact. This is not new.
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
I'm telling you that this is the exact same video from like August of last year. I'd put good money on that fact. This is not new.
Ah you're right Youtube has the same vid from 7 months ago
Shshsh don't tell anyone, its our secret.
Originally posted by: Arkaign
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
I'm telling you that this is the exact same video from like August of last year. I'd put good money on that fact. This is not new.
Ah you're right Youtube has the same vid from 7 months ago
Shshsh don't tell anyone, its our secret.
Yeah I just stumbled across it and thought it was funny. Sorry if it's a repost here in P&N
Originally posted by: bbdub333
Originally posted by: Arkaign
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
I'm telling you that this is the exact same video from like August of last year. I'd put good money on that fact. This is not new.
Ah you're right Youtube has the same vid from 7 months ago
Shshsh don't tell anyone, its our secret.
Yeah I just stumbled across it and thought it was funny. Sorry if it's a repost here in P&N
YOU HAVE NO IDEA HOW MUCH OF A REPOST IT IS! NO IDEA! NONE!
Originally posted by: Arkaign
Originally posted by: bbdub333
Originally posted by: Arkaign
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
I'm telling you that this is the exact same video from like August of last year. I'd put good money on that fact. This is not new.
Ah you're right Youtube has the same vid from 7 months ago
Shshsh don't tell anyone, its our secret.
Yeah I just stumbled across it and thought it was funny. Sorry if it's a repost here in P&N
YOU HAVE NO IDEA HOW MUCH OF A REPOST IT IS! NO IDEA! NONE!
HAHAHAHA :laugh: That's exactly the way he talks. Funny shit. I'd actually like to hang out with the guy and see if he's always like that.
Me & Cramer at the McD's drive thru :
Me "We're here, what do you want to order?"
Cramer "I DON'T KNOW!! NOT A CLUE!! HOW COULD THIS HAPPEN!?!?!?!?"
Me "How about a number three?"
Cramer "WHAT ABOUT THE BACON? EXTRA BACON!?!?? DO YOU HAVE ANY IDEA HOW GOOD BACON IS? DO YOU?!?!?!?"
etc
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
Originally posted by: sirjonk
Yeah, him last week on Bear Stearns:
http://www.liveleak.com/view?i=2b7_1205751955&p=1
Originally posted by: Delita
Originally posted by: PC Surgeon
Originally posted by: bbdub333
Another? This is from when he flipped out months ago... this is not new.
Bear Stearns tanking months ago? I don't think so. Bear Stearns was pretty strong then.
Umm this is from months ago...they showed Bear at 100. This is after their 2 hedgefunds collapsed.
Originally posted by: Delita
Originally posted by: sirjonk
Yeah, him last week on Bear Stearns:
http://www.liveleak.com/view?i=2b7_1205751955&p=1
The question was if the caller should remove his fund from Stearns that were held in a type of brokerage account, not BSC shares. In that case his money wasn't in any type of trouble. Im not a Cramer fan (never watch him) but I think its unfair to take alot of things out of context.
Edit: Brokerage not savings.
Originally posted by: Codewiz
Originally posted by: Delita
Originally posted by: sirjonk
Yeah, him last week on Bear Stearns:
http://www.liveleak.com/view?i=2b7_1205751955&p=1
The question was if the caller should remove his fund from Stearns that were held in a type of brokerage account, not BSC shares. In that case his money wasn't in any type of trouble. Im not a Cramer fan (never watch him) but I think its unfair to take alot of things out of context.
Edit: Brokerage not savings.
People don't watch Cramer for banking advice. They email for stock market investment advice. If Cramer wants to say he interpreted the question as a brokerage account, it sure wasn't clear on his show. When i watch the show, I interpret it as invested in common stock.
Every moron knows their money in a bank is insured. Why would you email Cramer to ask such a basic question. I don't see how it wouldn't be read as someone being invested in common stock.