The Jerk Knee-Jerks, Doesn’t He?
- From: Veracity Jones <veracity@xxxxxxxxxxxxxxxxx>
- Date: Thu, 31 Jan 2008 13:43:46 -0800 (PST)
Remember Jim Cramer ranting about the Fed? Remember how he struggled
to retain coherence (when doesn’t he?) while raging, “THEY KNOW
NOTHING!”
Well, after the Fed lowered the rate another 50 basis points, Cramer
is all googly and gushy and sunshine and roses. Now, Cramer says, “All
is forgiven.” He describes the Fed’s move as “incredibly positive.”
Then, quite unbelievably, he adds, “We are basically out of the
woods.”
Really???
This guy is either bipolar, schizophrenic, or the biggest knee-jerking
jerk to ever call himself an analyst. Does he really believe the “know-
nothing” feds have fixed all that ails Wall Street with a couple of
rate cuts? And when he says “we” are out of the woods, of whom does he
speak? His audience? Or his hedge fund buddies?
Oh well, we have to remember what Jimbo admitted in 2007: it’s all
just a fun, lucrative game to him.
That’s the Word on the Street.
www.basherbusters.org
.
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