April 8, 2009

Soot and Ashes Quote of the Day

"(Jim) Cramer is a buffoon"

- Nouriel Roubini, April 2009


flunkey said...


Forget technical analysis, ignore fundamentals, the Jim Cramer index is off the charts.


born to lose said...

roubini is a bad ass.

I always wondered if a roubini or a schiff or anyone with a bearish outlook had their own show, instead of being brought in to play "dr. doom", how they would do.

Coke has it's Pepsi, Bruce Lee had Chuck Norris.

casey said...

I wonder how much nancy pulosi lost in clne?

Wonder how the pickens plan is working these days?

Cramer should be off the air, tool.

Anonymous said...

Roubini only stated the obvious.

k.w. - Southern Ca. said...

Ha ... Ha ... Ha .... Ha

He'll have to get ready to hold
onto his shorts, because he'll be
taking a big dump when the Dow tanks below 6000.

Cramer does what is best for Cramer ... and that includes blatant lying if he has to do it.

Anonymous said...

Keith, Cramer, and Bernanke are all seeing green shoots.

Get short... Soon.


SeattleMoose said...

What a frickin bunch of clueless apes.....a year from now the DOW will be in the 5-6K range.

YEP, BUY NOW!!! (consumers goods, houses, stocks)...PUUUULLLLEEEEEAAAASSSEEEE just buy something!!! Anything!!!

Sincerely, Bankers of America

keith said...

I see green shoots surrounded by flames.

We're at a pivot point.

200 day and 20 day crosses.

Bulls and Bears fighting in the streets.

Get popcorn.

Anonymous said...

Don't mess with Roubini. He's got being right on his side.

Amtex said...

Once again, the doomers are being short sighted and stupid. Sure, the Dow may be at 5000-6000 in a year. Maybe it will go to 4000. So?

I used this blog to sell at 13800. I got back in at 6800, mostly in energy.

You think I care what the Dow is in a year? I care what is in 20 years. It will be a lot better return than gold or money markets.

It is totally assinine to know to get out at the top and not get back in at a 55% discount.

That is the problem with doomers and/or gold bugs. They buy gold at $400, watch it go up to $800, then watch it go back down to $400....brilliant!

You doomers just wasted a 55% drop in stock prices because maybe stocks will drop more. And then you will once again sit on your hands at Dow 5000 and make fun of who ever is in office rather that making some real money.

Anonymous said...

Nouriel Roubini, a professor at New York University's Stern School of Business and chairman of economic research firm RGE Monitor.

Jim Cramer = A Snake Oil Salesman

Do I need to say more.

les said...

Hats off to Roubini.

I wish more professionals will come out and discredit Cramer, the ass clown.

Anonymous said...

the good doctor from the stern business school says that crame is a bafoon and should just stfu........

Anonymous said...

Thank you for my daily laugh Flunkey. That was hysterical.

Anonymous said...

Cramer says he doesn't see the market going that low again....


Look out beloooooooooooooow


patrat said...

Can we ever ever ever get gambling out of the stock market? Can we ever just invest in companies and buy or sell? Google "shorting stocks" - wikipedia has an interesting history. (I know... wikipedia, but still - you can check out all the references.)
Really, it's stunning. I just want to "invest". Is it possible?
If not, my advice is for everyone to take all the money out of their 401k's and never put another dime in. Oh except you often can't get it out. Good deal.

Anonymous said...

Are you still following Yen Carry Trade.

Will Reserve Bank of Australia cut interest rate if unemployment in Australia continue to raise.


Unemployment in Australia rose to its highest level in five years in March as the full force of the global financial crisis hit home prompting employers to rapidly accelerate job shedding.

Anonymous said...

Has the fundumental change.


New Wave of Home Foreclosures Predicted

The first wave of foreclosures was triggered by adjusting subprime loans made during the 2004-2007 boom when buyers with less-than-excellent credit scores got hit.

Now, purchasers with good credit records who bought more house than they can afford are finding their "Alt-A'' and "Option-Adjustable RateMortgage'' loans are resetting.

A new crushing wave of foreclosures is expected to wash through San Diego's ring of fast-growing suburbs in Riverside County - a second housing bubble that is about to pop.

The corridor between Perris and Rancho California, and the nearby Moreno Valley area, are poised for a second wave of homeowners to walk away from upside-down condos and houses, the experts said.

Anonymous said...

Roubini was being polite.

Anonymous said...

Cramer is calling it a bull market. You know what it means...