Unstable undertakings

[aussiebear]

Muted action in the early openers: Kiwis +0.8%, Aussies +0.2%, Nikkers and Sth Korea +0.9%.

 

Little movement in Aussie sectors: REITS +1.1% down to Financials and IT, both -0.2%.

 

 

 

 

[aussiebear]

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet....ase_metals.html

 

 

http://finance.yahoo.com/

[aussiebear]

 

 

http://www.engrish.com/2001/12/everywhore/

[Lugnut]

Japanese unemployment up.

[Lugnut]

Namoura dumping Italian debt. Why would they do that?

 

(I would post links but doing this from the phone. Yes - I am being rude at dinner but the people I am with are talking about things that enrange me so this is rudeness they are in favor of)

[BreakOut]

Just another day in the life of crude oil.

[Lugnut]

Just another day in the life of crude oil.

 

Gotta love the double top in THE lifeblood commodity that is priced in dollars. So the dollar climbs as Asian economies (who are supposedly buying the oil) slow, which raises their price in real terms even if the nominal price doesn't move a tick.

 

Not very bullish for oil...

[specie]

OMG

 

somebody shoot me

 

they must have slipped the kool aide in my red wine

 

i

 

agree

 

with

 

cramer............................aghhhhhhhhhhhhhhhhhhhhhh

 

 

 

CRAMER: 'We Are In DEFCON 3, Two Stages Away From A Financial Collapse So Huge It's Hard To Get Your Mind Around'

 

Read more: http://www.businessinsider.com/cramer-we-are-in-defcon-3-two-stages-away-from-a-financial-collapse-so-huge-its-hard-to-get-your-mind-around-2011-11#ixzz1f3ijp7P4

[Thales]

Was it Bungster that said we wouldn't see the bottom untill Cramer comes on television naked, crying, and covered in feces?.... We are seeing the first mile marker down that road!

 

I know what you mean tho specie... It was like a twilight zone episode this morning... 38 pt positive open on the S&P and they were cautious... Someone told them off camera that this is serious....

[capitall]

OMG

 

somebody shoot me

 

they must have slipped the kool aide in my red wine

 

i

 

agree

 

with

 

cramer............................aghhhhhhhhhhhhhhhhhhhhhh

 

 

 

CRAMER: 'We Are In DEFCON 3, Two Stages Away From A Financial Collapse So Huge It's Hard To Get Your Mind Around'

 

Read more: http://www.businessinsider.com/cramer-we-are-in-defcon-3-two-stages-away-from-a-financial-collapse-so-huge-its-hard-to-get-your-mind-around-2011-11#ixzz1f3ijp7P4

 

Both Cramer and the CNBC anchors sometimes say something true. Thales, you mentioned that on IDS this morning about CNBC. They don't mind telling the truth, if it will result in their listeners initiating losing stock positions. So Cramer and CNBC will say bearish sounding things, even if they are true, if we are about to have an Xmas rally. If we do have one, then after it tops out, then they will say many bullish sounding things, regardless of whether they are true or not.

 

The thing that is consistent about them is that they are wrong (although not 100% of the time) about the upcoming direction of stocks -- not that they lie or tell the truth or not about the real world. In fact, they know nothing about the real world, so they can't even tell if they are truthful about it or not.

[bundys_dodge]

CRAMER: 'We Are In DEFCON 3, Two Stages Away From A Financial Collapse So Huge It's Hard To Get Your Mind Around'

 

Read more: http://www.businessinsider.com/cramer-we-are-in-defcon-3-two-stages-away-from-a-financial-collapse-so-huge-its-hard-to-get-your-mind-around-2011-11#ixzz1f3ijp7P4

 

Red Alert!

Oh my goodness!!!. The Cramer indicator negates all other indicators, mother of all rallies is imminent. Sorry specie, even the "haircut" gets cut from the picture. I reiterate - "Mother of All Rallies" is imminent.

(Not trading advice)

[FranciscoTheMan]

Was it Bungster that said we wouldn't see the bottom untill Cramer comes on television naked, crying, and covered in feces?.... We are seeing the first mile marker down that road!

 

I know what you mean tho specie... It was like a twilight zone episode this morning... 38 pt positive open on the S&P and they were cautious... Someone told them off camera that this is serious....

 

That was PhatBubble

[MrHanky]

Red Alert!

Oh my goodness!!!. The Cramer indicator negates all other indicators, mother of all rallies is imminent. Sorry specie, even the "haircut" gets cut from the picture. I reiterate - "Mother of All Rallies" is imminent.

(Not trading advice)

When we cracked 1100 2 months ago he said "don't buy the dip"

 

We went up 200 SPX points right after that....FWIW

[capitall]

When we cracked 1100 2 months ago he said "don't buy the dip"

 

We went up 200 SPX points right after that....FWIW

 

Caution: No market indicator is correct all the time. And the Cramer contrarian indicator is no exception. On rare occasions Cramer is correct about market direction. I have not kept track of his views and done a statistical study. But my general impression is that these instances of correctness about the market are rare enough that if one were to consistently fade him, I think one would make money over the long run. Disclaimer: Individual trading results may vary.