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holy sox!!! what this guy/cramer said on the today show just a sec ago
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Anonymous Coward
User ID: 509660
10/6/2008 9:48 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Ouch. It is serious then. He is not going to be the last hold out by any means, but he wouldn't scream sell unless he meant it.
Really, really meant it.
Hope this all goes well, though like most I think it may not.
I love you all, Take care of yourselves and remain careful and vigilant.
D. Quoting: Dancer
Yes, he wants people to SELL, so markets drop and then the BIG MONEY people come in and buy up everything at bargain basement prices. This is not a difficult concept. |
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wee wee
User ID: 445358
10/6/2008 9:51 AM
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Anonymous Coward
User ID: 509660
10/6/2008 9:52 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
its just all one big huge massive MIND FUCK
Yep, this pretty much summarizes it all.
However, he's not so much for the little people, for he would have said this at the latest, very latest LAST WEEK.
He's just part of the dog and pony show now. It needs to collapse for another very important (ah...depends who defines important) agenda(s).
According to Reinhardt, anyways, where the Legatus fun ended Oct. 4, and the checks have cleared.
And yep, something else will need to happen to get the giant money machine turning it's wheels again...you know, like a war on something or other.
Just like last time...and the time before that...and the time before that...
You may not want to read any of Reinhardt's stuff..it's almost better being blind to it all, since you can't do much about it, unless you one of the very extremly wealthy. Quoting: Anonymous Coward 300370
EXACTLY! If he was so much for the little people, he would have made pronouncements about it last week at the very latest. He knows how the little guy can't even get a trade in via a call or an online trade in at this late date. If you try to cash you, assume your value will drop 10+ percent just while you are waiting in line! |
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Phennommennonn 
The Queen Of Mean
User ID: 476887
10/6/2008 9:53 AM
 | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
Making sure people get that.
and make sure people get this
most ppl right now do not have money, theyre not rich, theyre not one of the elite. theyre hard working poor serf slobs who are worried shitless about making ends meet; what they have right now is ALL they have. to include retirees. some cannot afford to lose anything during this BS. not even a mere fraction. so in hearing this segment, ppl are going to be bailing out to save what little they have.
he said IF you can afford to leave it then do. (upon cue from curry that is; he stuttered when saying it) but reality remains most cant. nuff said.
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 467700
10/6/2008 9:54 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Yes, he wants people to SELL, so markets drop and then the BIG MONEY people come in and buy up everything at bargain basement prices. This is not a difficult concept. Quoting: Anonymous Coward 509660
Exactly. "buy low, sell high" And now they've got $700B of our money to spend on it |
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Anonymous Coward
User ID: 514242
10/6/2008 9:58 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Not convinced with Cramer.
Notice how pushes blame onto Europe and defends the bailout? He should know better. Add nervousness, and looks like someone handed him a script he didn't like, or he read the script but his heart got the better of him and he told people to run not walk. If he mysteriously commits suicide in the few days we'll know I guess, though we'll probably be too busy looking for loose change.
you really think he was saying shit he wasnt supposed to? id suspect they'd have blackened out to commercialus interuptus. for him to go on and rant off like this IMO was scripted to invoke a panic. Quoting: Phennommennonn
It's interesting though isn't it?
I mean I keep thinking about one of the kdenninger videos on YouTube where he talks about the market problem being an issue of trust and the bailout destroying more trust. [link to www.youtube.com]
But Cramer pushed the bailout as a good thing, maybe he believes the hype or maybe he's pushing the same agenda as everyone else.
So you've got two lines here, one that's a propaganda and the other where he says to take money out. I just wondered where the nervousness came from, where are the opposing forces creating the tension. He obviously realises how huge it is to say something like that on TV but why the nervousness, he's going against something, or he's been told to create panic and he doesn't believe it himself.
I loved how that woman got pretty uptight when he said what he did, that says a lot too.
Would love to know why the segment wasn't pulled. Even if it ended up on the internet they could have explained it away as trying not to alarm people. Maybe that points to it being manufactured panic, for a manufactured collapse? |
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Anonymous Coward
User ID: 517881
10/6/2008 9:58 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
evidently you didnt hear - get out of stocks now. heres a q-tip
Why would I get out of the stocks at 29 years old. Look at a 10 year average it bounces and usually ens up. Even during the depression. Research it. Once youtube puts it up, Kramer said pull it out if you will be needing your money in the next 5 YEARS. Pay attention, I don't need the Q-tip Quoting: Anonymous Coward 518656
For someone like you, this is a buying opportunity. Don't let the bankers take it all. |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 9:59 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Dow 10,021.13 -304.25 -2.95%
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 518651
10/6/2008 10:00 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Here is the verbatim transcript... any spelling errors are my own and things in ( ) are MY comments.
Curry: Ok so this news is not good…overnight… overseas. How, why is it happening?
Cramer: It’s happening because there is no confidence in the whole banking system. There’s no confidence in lending.(voice shaking) No one wants… I don’t wanna lend you any money. No bank wants to lend any other bank any money, and no corporations can get money to speak of to be able to expand, hire people, grow..
Curry: But…but some people might be surprised, that there might be, that there is not more enthusiasm for the seven hundred billion dollar bailout we saw on Friday. Why…why has that been snuffed off by the European investors?
Cramer: Well, one thing is certain. They are in Europe behind us, we’ve experienced more pain then they have. We are surprised at their pain. We didn’t know how bad off they were. In this country this plan is a good one, in that it makes it safe to keep your money in a bank, up to two hundred and fifty thousand, and if the FDIC wakes up they should say no more seizures. This plan will eliminate bank seizures, your money is safe.
Curry: So for investors what is your advice today?
Cramer: (indrawn breath) Ok. WHATEVER MONEY YOU MAY NEED FOR THE NEXT FIVE YEARS, PLEASE TAKE IT OUT OF THE STOCK MARKET. RIGHT NOW! THIS WEEK! I DO NOT BELIEVE THAT YOU SHOULD RISK THOSE ASSETTS IN THE STOCK MARKET.
Curry: Even if you would take a tremendous loss in selling your stocks at this decline? (incredulously)….
Cramer: I DON’T CARE. (Talking over Curry)
Curry: you say take it out? (incredulously)…. Even…even..
Cramer: (talking over Curry), I DO NOT CARE WHERE STOCKS HAVE BEEN. I CARE WHERE THEY ARE GOING…
Curry: even if you don’t need it in the next five years?
Cramer: I DON’T WANT PEOPLE TO GET HURT IN THIS MARKET.
Curry: But if you need it after 5 years, then don’t touch it?
Cramer: WELL…WELL… YES, IF YOU HAVE THAT MUCH FLEXIBILITY. I’M WORRIED ABOUT UNEMPLOYMENT. I WORRIED ABOUT YOUR PURCHASES THAT YOU MAY NEED. I CAN’T HAVE YOU RISK THAT IN THE STOCK MARKET…(voice shaking) FOR THE NEXT FIVE YEARS.
Curry: That’s a very dramatic statement Jim…. Very dramatic statement! (looks angry).. unintelligible comment
Cramer: (Talking over Curry), I THOUGHT ABOUT THIS ALL WEEKEND. I DO NOT WANT TO SAY THESE THINGS ON TV..
Curry: Uh hum…uh humm
Cramer: I DON’T WANT TO SAY THEM..
Curry: But what’s coming that makes you say that?
Cramer: I BELIEVE THAT WE COULD HAVE AS MUCH AS A 20% DECLINE IN THE STOCK MARKET. IF YOU CAN WITHSTAND THAT…OF WHICH MOST PEOPLE CAN’T, THEN I THINK WHAT YOU HAVE TO DO, IF YOU CAN WITHSTAND IT, IS JUST RIDE IT OUT.
Curry: Why do you think a 20% decline? Where does this number come from?
Cramer: WELL, I CALCULATE THE INDIVIDUAL DOW STOCKS AND SEE HOW FAR THEY COULD FALL…UH RETRACING MUCH OF THE MOVE BETWEEN 2000 AND 2005. SO LITERALLY, I’M JUST COUNTING DOW STOCK BY DOW STOCK. THAT’S WHERE I GET IT.
Curry: We’ve got corporate earnings…. Third quarter earnings coming out this week…. How do you think that might affect the market this week?
Cramer: WELL…. I THINK THE PREVIOUS QUARTER, THE ONE WE ARE NOW HEARING FROM, WAS A TERRIBLE QUARTER…. BUT IT WILL LOOK GOOD VERSES THE COMING QUARTER.
Curry: Alright Jim Cramer…, Come back and tell us some good news next time ok?
Cramer: I would love to….I would love to…
Curry: And you can catch Mad Money weeknights at…. END |
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Anonymous Coward
User ID: 514242
10/6/2008 10:00 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
One other thing, nothing creates more fear than to come up with a "huge" solution, "biggest in history", and to then have it fail. Creates a lot of fear
Especially when so many economists have provided solutions to the economic problem. Makes one think a little, or just put his head in his lap and wince. |
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Anonymous Coward
User ID: 506376
10/6/2008 10:01 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
Making sure people get that.
and make sure people get this
most ppl right now do not have money, theyre not rich, theyre not one of the elite. theyre hard working poor serf slobs who are worried shitless about making ends meet; what they have right now is ALL they have. to include retirees. some cannot afford to lose anything during this BS. not even a mere fraction. so in hearing this segment, ppl are going to be bailing out to save what little they have.
he said IF you can afford to leave it then do. (upon cue from curry that is; he stuttered when saying it) but reality remains most cant. nuff said.
:::pfft:::
Aaaaaaannnd, just so you get THIS: the poor people that you mention above, with the possible exception of the retirees, do. not. have. money. in. the. stock. market. What Cramer said this morning doesn't apply or concern them.
Failing banks, yes. That concerns nearly everyone. But Cramer's statements were for people trading in the stock market. |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:03 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Would love to know why the segment wasn't pulled. Even if it ended up on the internet they could have explained it away as trying not to alarm people. Maybe that points to it being manufactured panic, for a manufactured collapse? Quoting: Anonymous Coward 514242
click here>>> [link to www.trivialoft.net]
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 514242
10/6/2008 10:05 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Would love to know why the segment wasn't pulled. Even if it ended up on the internet they could have explained it away as trying not to alarm people. Maybe that points to it being manufactured panic, for a manufactured collapse?
click here>>> [ link to www.trivialoft.net]
Oops sorry lol |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:07 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
Making sure people get that.
and make sure people get this
most ppl right now do not have money, theyre not rich, theyre not one of the elite. theyre hard working poor serf slobs who are worried shitless about making ends meet; what they have right now is ALL they have. to include retirees. some cannot afford to lose anything during this BS. not even a mere fraction. so in hearing this segment, ppl are going to be bailing out to save what little they have.
he said IF you can afford to leave it then do. (upon cue from curry that is; he stuttered when saying it) but reality remains most cant. nuff said.
Aaaaaaannnd, just so you get THIS: the poor people that you mention above, with the possible exception of the retirees, do. not. have. money. in. the. stock. market. What Cramer said this morning doesn't apply or concern them.
Failing banks, yes. That concerns nearly everyone. But Cramer's statements were for people trading in the stock market.
my father isnt a wealthy man for crissakes and he has stocks. fkn man gets 2800 a month in retirement. many people have stocks, avg joes who make 25-45 a year. i had stocks up until last year. - for fucks sake whats wrong with you?
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 389464
10/6/2008 10:12 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
Making sure people get that.
and make sure people get this
most ppl right now do not have money, theyre not rich, theyre not one of the elite. theyre hard working poor serf slobs who are worried shitless about making ends meet; what they have right now is ALL they have. to include retirees. some cannot afford to lose anything during this BS. not even a mere fraction. so in hearing this segment, ppl are going to be bailing out to save what little they have.
he said IF you can afford to leave it then do. (upon cue from curry that is; he stuttered when saying it) but reality remains most cant. nuff said.
:::pfft:::
Aaaaaaannnd, just so you get THIS: the poor people that you mention above, with the possible exception of the retirees, do. not. have. money. in. the. stock. market. What Cramer said this morning doesn't apply or concern them.
Failing banks, yes. That concerns nearly everyone. But Cramer's statements were for people trading in the stock market.
Hey douche... you don't have to be rich to have money in the stock market. I have a 401k. Where do you think that money's going? TO THE STOCK MARKET. |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:13 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Here is the verbatim transcript... any spelling errors are my own and things in ( ) are MY comments.
Curry: Ok so this news is not good…overnight… overseas. How, why is it happening?
Cramer: It’s happening because there is no confidence in the whole banking system. There’s no confidence in lending.(voice shaking) No one wants… I don’t wanna lend you any money. No bank wants to lend any other bank any money, and no corporations can get money to speak of to be able to expand, hire people, grow..
Curry: But…but some people might be surprised, that there might be, that there is not more enthusiasm for the seven hundred billion dollar bailout we saw on Friday. Why…why has that been snuffed off by the European investors?
Cramer: Well, one thing is certain. They are in Europe behind us, we’ve experienced more pain then they have. We are surprised at their pain. We didn’t know how bad off they were. In this country this plan is a good one, in that it makes it safe to keep your money in a bank, up to two hundred and fifty thousand, and if the FDIC wakes up they should say no more seizures. This plan will eliminate bank seizures, your money is safe.
Curry: So for investors what is your advice today?
Cramer: (indrawn breath) Ok. WHATEVER MONEY YOU MAY NEED FOR THE NEXT FIVE YEARS, PLEASE TAKE IT OUT OF THE STOCK MARKET. RIGHT NOW! THIS WEEK! I DO NOT BELIEVE THAT YOU SHOULD RISK THOSE ASSETTS IN THE STOCK MARKET.
Curry: Even if you would take a tremendous loss in selling your stocks at this decline? (incredulously)….
Cramer: I DON’T CARE. (Talking over Curry)
Curry: you say take it out? (incredulously)…. Even…even..
Cramer: (talking over Curry), I DO NOT CARE WHERE STOCKS HAVE BEEN. I CARE WHERE THEY ARE GOING…
Curry: even if you don’t need it in the next five years?
Cramer: I DON’T WANT PEOPLE TO GET HURT IN THIS MARKET.
Curry: But if you need it after 5 years, then don’t touch it?
Cramer: WELL…WELL… YES, IF YOU HAVE THAT MUCH FLEXIBILITY. I’M WORRIED ABOUT UNEMPLOYMENT. I WORRIED ABOUT YOUR PURCHASES THAT YOU MAY NEED. I CAN’T HAVE YOU RISK THAT IN THE STOCK MARKET…(voice shaking) FOR THE NEXT FIVE YEARS.
Curry: That’s a very dramatic statement Jim…. Very dramatic statement! (looks angry).. unintelligible comment
Cramer: (Talking over Curry), I THOUGHT ABOUT THIS ALL WEEKEND. I DO NOT WANT TO SAY THESE THINGS ON TV..
Curry: Uh hum…uh humm
Cramer: I DON’T WANT TO SAY THEM..
Curry: But what’s coming that makes you say that?
Cramer: I BELIEVE THAT WE COULD HAVE AS MUCH AS A 20% DECLINE IN THE STOCK MARKET. IF YOU CAN WITHSTAND THAT…OF WHICH MOST PEOPLE CAN’T, THEN I THINK WHAT YOU HAVE TO DO, IF YOU CAN WITHSTAND IT, IS JUST RIDE IT OUT.
Curry: Why do you think a 20% decline? Where does this number come from?
Cramer: WELL, I CALCULATE THE INDIVIDUAL DOW STOCKS AND SEE HOW FAR THEY COULD FALL…UH RETRACING MUCH OF THE MOVE BETWEEN 2000 AND 2005. SO LITERALLY, I’M JUST COUNTING DOW STOCK BY DOW STOCK. THAT’S WHERE I GET IT.
Curry: We’ve got corporate earnings…. Third quarter earnings coming out this week…. How do you think that might affect the market this week?
Cramer: WELL…. I THINK THE PREVIOUS QUARTER, THE ONE WE ARE NOW HEARING FROM, WAS A TERRIBLE QUARTER…. BUT IT WILL LOOK GOOD VERSES THE COMING QUARTER.
Curry: Alright Jim Cramer…, Come back and tell us some good news next time ok?
Cramer: I would love to….I would love to…
Curry: And you can catch Mad Money weeknights at…. END Quoting: Anonymous Coward 518651
thanks sweety....and to the fkn asshats who are hard of hearing to get the video clue or who need fucking glasses to read this transcript
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 518651
10/6/2008 10:15 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
No problems P... :D
I have emailed it to a number of people I know here in the states and suggested that they pass it along... |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:17 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
id rather err on the side of caution, always - but this segment is so suspect yanno?
again thanks for the transcribe.
~The road to hell, is paved with good intentions. |
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Circuits3000
User ID: 490814
10/6/2008 10:20 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Dow: -365.18
 |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:21 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
the dow is fucking sinking like the titanic under 10k
Dow 9,964.26 -361.12 -3.50%
tell me this guy cramer didnt play a tiny role in this and ill kiss your ass in macys fkn window and even give you an hour to draw a crowd.
his segment reeks of being staged.
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 518651
10/6/2008 10:23 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
yeah... a large part of me says that the man put it all on the line... another part says that he was told to... But really, who knows?? |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:23 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
1022am and tanking
Dow 9,947.14 -378.24 -3.66%
~The road to hell, is paved with good intentions. |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:26 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
yeah... a large part of me says that the man put it all on the line... another part says that he was told to... But really, who knows?? Quoting: Anonymous Coward 518651
wouldnt you agree, that IF tptb want to go the amero/nau....to just friggin 86 the facade, tell us "this is what we're doing fu if you dont like it" bc theyre doing it anyway?...instead of putting everyone thru this senseless mindfk? why go thru the motions like this? its bs
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 341282
10/6/2008 10:28 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
ANN CURRY = ONE HOT PIECE OF ASS |
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Anonymous Coward
User ID: 518651
10/6/2008 10:28 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
That is a very good point....However, I tend to think that they are doing it like this to avoid the sheople arising and rebelling....This way it is like the frogs in the pot scenario. Know what I mean? |
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Anonymous Coward
User ID: 506376
10/6/2008 10:32 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
He said pull out your money IF you need it within the next 5 YEARS. Basically, those are the people that are retiring. OP needs to fix her post! Fearmongering
Making sure people get that.
and make sure people get this
most ppl right now do not have money, theyre not rich, theyre not one of the elite. theyre hard working poor serf slobs who are worried shitless about making ends meet; what they have right now is ALL they have. to include retirees. some cannot afford to lose anything during this BS. not even a mere fraction. so in hearing this segment, ppl are going to be bailing out to save what little they have.
he said IF you can afford to leave it then do. (upon cue from curry that is; he stuttered when saying it) but reality remains most cant. nuff said.
:::pfft:::
Aaaaaaannnd, just so you get THIS: the poor people that you mention above, with the possible exception of the retirees, do. not. have. money. in. the. stock. market. What Cramer said this morning doesn't apply or concern them.
Failing banks, yes. That concerns nearly everyone. But Cramer's statements were for people trading in the stock market.
Hey douche... you don't have to be rich to have money in the stock market. I have a 401k. Where do you think that money's going? TO THE STOCK MARKET.
And good morning to you, too, douche.
Are you planning to retire and use your 401k in the next 5 years?
If not, then play the video again. And again, if you're attention deficit.
If so, then go back and read my first post. |
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:33 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
That is a very good point....However, I tend to think that they are doing it like this to avoid the sheople arising and rebelling....This way it is like the frogs in the pot scenario. Know what I mean? Quoting: Anonymous Coward 518651
sorry im still laughing over the post above you...
ANN CURRY = ONE HOT PIECE OF ASS
yes i do know whatcha mean. its inevitable however bc people are losing homes, cars, possessions, their savings - the ppl will be saying sometime soon, "our lives were built on nothing".....and that will be one sorry day.
~The road to hell, is paved with good intentions. |
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Anonymous Coward
User ID: 505734
10/6/2008 10:34 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Its gonna hit 9800 by the time I write this. Its dropping like a rock. |
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Circuits3000
User ID: 490814
10/6/2008 10:35 AM | | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Dow: 9918.94 -406.44[/b]
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Phennommennonn
The Queen Of Mean
User ID: 476887
10/6/2008 10:35 AM
| | Re: holy sox!!! what this guy/cramer said on the today show just a sec ago | Quote |
Its gonna hit 9800 by the time I write this. Its dropping like a rock. Quoting: Anonymous Coward 505734
bets here...before the day is over...the dow is low enough to blow my cat.
~The road to hell, is paved with good intentions. |
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