iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,626 Blog Posts

THE WOODSHEDDER BOTTOM

Odd, no?

In other news, the smart people at iBankCoin.com (you’re welcome) will be adding a new feature to the site, today.

Every week, we will feature a blogger from the Peanut Gallery, on the front page.

Naturally, Ducati, aka Dr. Duc, will be first.

Enjoy, or not.

Down the road, upon vast success of the site, I envision “sharing” revenue with some of the more prolific bloggers, albeit tiny.

Also odd, no?

If you haven’t done so already, especially shit talking beartards, sign up for the Peanut Gallery, in order to embarrass yourselves on a higher level.

If you enjoy the content at iBankCoin, please follow us on Twitter

119 comments

  1. Woodshedder

    “I’m not doing this anymore. You know, being the last bull in Rome, as Rome burns.”

    The Fly- Monday November 26th.

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  2. The Fly

    That was a joke. I was just playing.

    We all know the bottom was confirmed, vis a vie your bearishness.

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  3. mdawsz

    You’re both shoe shiners.

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  4. The Fly

    No.

    You’re my shoe shiner.

    Back to work, muffler fucker.

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  5. Howie

    Why couldn’t I get OIH option quotes today!

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  6. Dinosaur Trader

    Is it important to blog about manners that “make people money?” Or can I continue to blog about men who look like lesbians?

    -DT

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  7. The Fly

    Howie:

    Because you’re a dude who looks like a lesbian, no offense to gay guys.

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  8. Juice

    Hang Seng ripping the snot from FXP’ers.

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  9. The Fly

    Juice:

    That’s a lagging indicator.

    Naturally, you already knew that.

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  10. Juice

    True.

    That FXP is a wild beast. Nothing but 10% moves. I think I may have to saddle up that beast tomorrow.

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  11. The Fly

    and SKF or UYG.

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  12. Juice

    Who makes money of those etf’s ?

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  13. The Fly

    financial long/short- ultra

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  14. newequity

    Juice showed his ignorance with that comment. Where did you think it would open? You obviously haven’t been in the game for long.

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  15. Juice

    neweq: what are you talking about?

    Fly, I meant who is crafting, putting the baskets together & marketing those etf’s?

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  16. Andy

    In the examples above, Proshares, dingdong.

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  17. Howie

    and your sister and wife are my bed buddies !!!

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  18. newequity

    FXP follows DJIA/SPX because of expectation that DJIA/SPX will lead Hang Seng. Hang Seng does not lead FXP. Hence, FXP priced in the move and no ball ripping currently for FXP holders other than what already happened today.

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  19. Howie

    besides you nothing but a market mirror, someone who SAYS they buy 10,000 of 1000’s in stks every day , on nothing but the top 5 or 10 stks that go up up up, you have a gift for gab, but you use a rear viwe mirroe for stk picks you SAID you brought ! and you likely look best from the rear! LOL!

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  20. newequity

    Do some fucking dd on double inverse etf’s at the Proshares website.

    http://www.proshares.com/funds/fxp.html

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  21. Juice

    thats in theory neweq

    we’ll see tomorrow … that sucker is still young

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  22. Juice

    thx 4 the link , tough girl

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  23. newequity

    Found this from their site, time to get back into XFML fly:

    “”Xinhua®” is a trademark of Xinhua Finance Limited and is used by FXP under license.”

    Free money.

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  24. Woodshedder

    Howie, you are fucking incoherent. How can someone who can’t put together a coherent thought profit in the market?

    I’m just saying…

    No offense to the mentally challenged.

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  25. Small Titi

    Office 2008 to have export capability for Powerpoint to iPhone and iPod Touch. Guess next step would be a solution to project Powerpoint slides from iPhone/iPod to wall.

    http://gizmodo.com/gadgets/software/office-2008-for-macs-export-powerpoint-presentations-to-iphone-ipods-327684.php

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  26. Dinosaur Trader

    Mitt won the Republican debate, IMO. That doesn’t mean he said anything good. He just looks shinier than the other Republicans.

    -DT

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  27. newequity

    I agree with the Wood. I read through twice and still cannot comprehend his dribble.

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  28. The Fly

    DT:

    Once you come to realize politics is for fucktarded asshats, you will be at peace with yourself and never waste time on dumber men than you running for office.

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  29. newequity

    DT,
    I think the gay war veteran won the debate.

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  30. The Fly

    Howie=JJ

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  31. Steve

    “Fly is despondant and joining ’shed who is giddy as a southern school girl, this has to be a bottom. In a few weeks we’ll look back at how this correction suckered even the best among us.”

    The Steve-Monday Nov. 26th.

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  32. Woodshedder

    Well done Steve.

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  33. The Fly

    It was all a rouse.

    Steve is really my next door neighbor.

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  34. The Zombie

    Just read some more of the Duke’s (Dr. Duc’s) drivel on the Peanut Gallery. Yes, I gave him one star.
    Until that stubborn beartard stops discussing the pre-Reaganomics eras, he gets only one star from The Zombie.

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  35. Steve

    Your army of illegals keeps leaving their trash in my yard.

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  36. Steve

    *keep*

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  37. Steve

    This blog needs an edit function. I never read over my posts until it’s too late.

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  38. alphadawgg

    Steve,
    Taco Ernie, Greasy Eddie, and Horseface don’t give a shit about your complaining about their trash. They can whip your ass with one hand holding a burrito. Look it up.

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  39. Howie

    Listen….I won’t go away , only brecause I come here for the laughs, fly is very with the words, you know a gift dfor gab….and and good writer, also when I come its a place where I can finf all the hottests stocks and stories, know why, it because no matter the month, day of the week or the weather outside, fly always owns them….odd no

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  40. Howie

    besides, you dribble bags,, no harm intended to you homo spouses, GSF was aquired by rig yesterday, so that had to do the math in the etf and the options had to be fixed at end of day, so none till tommorow………..thanks for all the help from the stk experts here, keep,,,,,copying and pasting markets and econoice 101 !

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  41. newequity

    Fuck you Howie, is this clear ass guzzler.

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  42. ottnott

    Fly, you need to keep some baby wipes handy for messes like that.

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  43. Howie

    Hey newequity, was that you standing on gay st in NYC, talking up the lib’s

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  44. Woodshedder

    Good enough Howie. I didn’t want you to go away. Coherence was the goal.

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  45. Howie

    I seen smarter NYC taxi drivers then you guys!

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  46. newequity

    Yes, I love punching fagots like you as you walk by.

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  47. Howie

    WS, Why didn’t you want me to go away? and whats coherance?

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  48. Howie

    OK COME ON YOU KNOW I CAN KICK YOU BUT WITHA BARBIE DOLL”S ARM !

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  49. Howie

    and listen, I co hearent enough to have my dribble published on cramers site, in the form of a comment and question a few times!

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  50. Howie

    teirp!

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  51. cheesefried

    Those of you that may have missed the flaming liberal biased CNN sponsered Republican Presidential Debate tonight here’s a summary.
    *Note* The Democratic Presidential Candidates refuse to attend a Fox News sponsored debate.

    *CNN placed a homosexual retired Army General in the crowd to ask the candidates about the US military policy on “don’t ask don’t tell” policy. After the debate ended it was disclosed that this retired General is a member of Hillary Clinton’s election team.

    Unbelievable.

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  52. Howie

    BTW FLEA BAG YOU SAID YOU SOLD EVERYTING……….MUCH BETTER THEN CRAMER!

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  53. Howie

    HILLY SUCKS………EAASY TO C WHY BILL GOT INVOLVED WITH MONICA, IF SHES ELECTED I AM MOVING TO FRANCE!

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  54. Howie

    Been fun, see you guys later!

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  55. JakeGint

    Holy crap, Fly spells “ruse” with an additional “o” making it an entirely different word and confusing the fucktards– and yet, he thinks he’s smarter than Mitt Romney?

    The Bain consultant who started Bain Capital?

    Not just odd, no?

    More like hilarious.

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  56. JakeGint

    Cheese — it serves them right for appearing on the Communist News Network. What did they expect? Fairness?

    The first seven or so questions were from immigration wackjobs who would best make the GOP look like racist anti-immigrants.

    Scripted from “go.”

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  57. Ragincajun

    Hang Seng up huge, I hope you guys bought some FXI before the close.

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  58. Hong Kong Bull

    “FXP follows DJIA/SPX because of expectation that DJIA/SPX will lead Hang Seng.”
    True, but not completely. We do tend to follow the S&P500, with more erratic swings, but there are many other regional factors that play into what happens here. For example, we were up around 40% between August and October. Nothing to do with the US markets, and everything to do with the “Through Train”. The through train is a scheme under development in China, to allow retail investors to invest directly in HK stocks. We trade at around 60% discount to the Shanghai listed companies that trade here as well.
    Shanghai consists of around 90% retail investors, Hong Kong is around 26% retail. This explains the dramatic swings on any news story, and the historical reliance on the US markets to lead the way.

    Lets not forget the gambling mentality of the bloody Chinese… they’re what we Aussies call “mug punters”!

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  59. Hong Kong Bull

    PS: HSI up 4.06% today! My own portfolio is up 5.25%! Fuck you shorts!
    Tomorrow is short covering day, futures contracts expire! Fuck you shorts again!

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  60. More like the fly bottom. When fly start selling his shares you know its capitulation.

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  61. TraderCaddy

    Hong Kong Bull- How do you say fuck you in Chinese? I am always looking to learn something new plus I want to try it out on the new Chinese place that opened down the road that gave me food poisoning last week.

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  62. tradervader

    TraderCaddy: it’s “cao ni”.

    And it’s “cao ni ma” for fuck your mom.

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  63. Dinosaur Trader

    And it’s “Cao ni ma, motherfucker” in “Chuck Norris.”

    -DT

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  64. mrkcbill

    Down the road, upon vast success of the site, I envision “sharing” revenue with some of the more prolific bloggers, albeit tiny.

    –Don Danks

    Howie is Bilderberg!

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  65. newequity

    “Hang Seng up huge, I hope you guys bought some FXI before the close.”

    Why? Looks like it will open down $3. I hope you waited.

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  66. DEVILDOG

    SHORT 10000 FDX @ 96.80.

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  67. gappingandyapping

    Holly shit did anyone get a piece of JCG this morning down 10%?? That rocked!!

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  68. Dinosaur Trader

    Fuck the robots.

    -DT

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  69. Andy

    early asshat of the year nomination to eddie lampert and his piece of shit sears holdings. i should have known better than to believe in that blue light fucker, who owns a bunch of shitpot stores where poor people who default on their mortgages shop for thanksgiving dinner.

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  70. riverrat

    So far, we are looking weak, and it is getting worse. I have no position yet. Hoping for another up day. $TICK has been < -500 since the open.

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  71. riverrat

    Bonds are up almost a point, leading us down, I suppose.

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  72. kd

    fly,
    any update on MVIS yet. Also, did you see three new patents, There is one for IPM

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  73. Dinosaur Trader

    JJ is completely fucked.

    FSLR at new highs… $228.50.

    Fuck the robots.

    -DT

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  74. goatblowtacus

    LOL @ JJ!

    He needs to write another article.

    !

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  75. Woodshedder

    Where’s my friend Frosty?

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  76. Steve

    But JJ what about Cold Fusion? Waa-Waa

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  77. Dinosaur Trader

    Send canned goods to my site. We’ll get his family fed for the holidays.

    -DT

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  78. Juice

    SHort MBI … just cracked 30 …. toast … complete toast

    easy $5-10 drop

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  79. The Zombie

    Watch how fast the bears start gloating again.

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  80. BOOMER

    watch how fast they get their sacks lit aflame.

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  81. jeff

    Tiffany Bradford
    Investor Relations
    Phone: (425) 936-6847
    E-mail: [email protected]

    Talked to old Tiffany at MVIS. They will show the next generation at CES. They shrunk the power source/laser engine ASICS. Addressing speckle issue. Standalone is first, but embedded is primary goal. Not much new, just asked her questions, and told her to tell Alex to buy some stock.

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  82. Woodshedder

    I’m melting I’m melting….argggggggggggggg

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  83. Juice

    Don’t forget poorer JJ’s other plutonium play – PAL … fresh lows & heading lower

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  84. Juice

    calling all chartists – MCHX is setting up + massive accumulation of shares from none other than nicolas j. hanauer of AQNT fame & subsequent fortune … that fucker had over 4,000,000 shares when AQNT got taken out for a 100% premium

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  85. goatblowtacus

    Thats funny DT. I will say I’ve had my share of bad timing or wrong direction stock picks but man oh man shorting something as strong tape as solar is recipe for disaster.

    Cheers,

    goat

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  86. Woodshedder

    JJ’s mistake: Believing that just because he believes something to be true, that EVERYONE will believe the same way.

    Fatal flaw…

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  87. Steve

    Also, JJ thinks he knows something others don’t, when in fact everyone knows and understands that it is bologne.

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  88. Steve

    i.e. The supposed accounting errors at FSLR.

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  89. BOOMER

    Just about the roll green…sweet. Follow through would be nice.

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  90. newequity

    Alex bought 1000 Put options, 2.50 strike. Great news, no?

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  91. Woodshedder

    NewE, are you talking about Tokman?

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  92. Woodshedder

    Boomer, I feel a kinship with you, being a musician and all…

    However, we need to work on your bullishness. 😉

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  93. Dinosaur Trader

    Nice call on MBI, Juice.

    -DT

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  94. alphadawgg

    Fly,
    Tell a funny story. I need a laugh.

    It looks like we are not following through after yesterday’s short covering rally.

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  95. riverrat

    Strange price action. It looks like this market is really trying to go higher. My guess is we get a surge or a drop, nothing in between.

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  96. Steve

    Where is DevilDog? He’s missing his chance to BUY QID under 38.

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  97. WildWestie

    900 contracts, Dec 5 puts on MVIS. Someone rolled the Dec’s out to Jun.

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  98. Juju bear

    MVIS still blows goats.

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  99. aelst

    rally rally rally!!

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  100. WildWestie

    MVIS has that NTRI stench to it. Taking way too long for developments. And MOT has tons of problems of it’s own. Not the best of partners.

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  101. BOOMER

    JIM CRAMER SIGNS MULTI-YEAR DEAL WITH CNBC, THE WORLD LEADER IN BUSINESS
    NEWS

    Cramer continues to host CNBC’s “Mad Money w/Jim Cramer” (6PM & 11PM ET)

    ENGLEWOOD, N.J., November 28, 2007-CNBC, First in Business Worldwide, today
    announced that Jim Cramer, host of “Mad Money w/Jim Cramer” (6PM & 11PM ET),
    has signed a multi-year deal to remain with the network.

    “Jim has played an integral part in CNBC’s rebirth. He is not only one of
    the most respected and successful Wall Street minds but also happens to be a
    great entertainer,” said Mark Hoffman, CNBC President. “I’m thrilled Jim
    will remain part of the CNBC family. When Jim Cramer speaks, people listen,
    and so does the market.”

    In addition to hosting “Mad Money,” Cramer will continue his “Stop Trading”
    segment with CNBC’s Erin Burnett during “Street Signs” (2PM-3PM ET). Cramer
    will also begin contributing original content to the “Mad Money” homepage
    (madmoney.cnbc.com) on CNBC.com, the network’s official website.

    “With my program, CNBC has given me the opportunity to break down the
    traditionally complicated stock market to engage and educate the next
    generation of Wall Street investors,” says Jim Cramer. “Doing ‘Mad Money’
    everyday is my passion and I’m excited to be a part of this incredible
    network. This is the only team I want to play for.”

    CNBC’s “Mad Money w/Jim Cramer, ” launched in March 2005, features lively
    guest interviews, viewer calls and most importantly, the unmatched, fiery
    opinions of Cramer himself. Cramer serves as the viewer’s personal guide
    through the confusing jungle of Wall Street investing, navigating through
    both opportunities and pitfalls with one goal in mind — to help them make
    money.

    Cramer joined CNBC after a 25-year career on Wall Street as a trader and
    hedge fund manager. Cramer is co-founder of TheStreet.com, a multimedia
    provider of financial commentary, analysis and news. He currently serves as
    a markets commentator and advisor for TheStreet.com and is also the “Bottom
    Line” columnist for New York magazine.

    Cramer is a best-selling author, with his latest book Jim Cramer’s Stay Mad
    for Life: Get Rich, Stay Rich (Make Your Kids Even Richer), hitting shelves
    on Tuesday, December 4th. Cramer also recently published Mad Money: Watch
    TV, Get Rich, which is a user’s guide to making the most of his CNBC program
    as well as Jim Cramer’s RealMoney: Sane Investing in an Insane World,
    Confessions of a Street Addict and You Got Screwed! Why Wall Street Tanked
    and How You Can Prosper.

    Cramer will also be featured as a boardroom judge alongside Donald Trump and
    his daughter Ivanka in the upcoming edition of NBC’s “The Celebrity
    Apprentice,” premiering on January 3rd.

    About CNBC:

    CNBC is the recognized world leader in business news, providing real-time
    financial market coverage and business information to approximately 400
    million homes worldwide, including more than 95 million households in the
    United States and Canada. The network’s Business Day programming (weekdays
    from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC’s headquarters in Englewood
    Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide.
    Additionally, CNBC viewers can manage their individual investment portfolios
    and gain additional in-depth information from on-air reports by accessing
    http://www.cnbc.com <http://www.cnbc.com
    >.

    Members of the media can receive more information about CNBC and its
    programming on the NBC Universal Media Village Web site at
    <http://nbcumv.com/cnbc/ >

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  102. newequity

    Fuck Cramer. He has not beat the market since 1995.

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  103. Frosty

    Where are all the baby bears…roasted and comsumed…month end paint begining to dry…what the heck, TWM 70.19 with a tight leash.

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  104. Woodshedder

    Frosty, you realize TWM is a double short of the Russell?

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  105. BOOMER

    new – just thought it was interesting. no endorsement of Cramer at all. Hell, he said sell BOOM at $30.

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  106. Frosty

    WOOD I must have just shorted the rutty then…thanks for having my back.

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  107. Woodshedder

    Frosty, hold onto it. It will make you money. Rutty is the weakest of the weak.

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  108. Frosty

    it’s just a hedge…I will take a stop with a move below the day’s low TWM…rather baby bear of me indeed.

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  109. Steve

    lol…interesting turn of events.

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  110. gappingandyapping

    Doug Kass should be fired. What a fucking idiot: http://www.thestreet.com/s/kass-this-dead-cat-wont-keep-bouncing/newsanalysis/investing/10392141.html?puc=_tsccom

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  111. BOOMER

    Come on Bulls! Let’s ram it!

    http://withleather.com/post.phtml?pk=4448

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  112. Dinosaur Trader

    I have just written the best Peanut Gallery post ever.

    Fuck Ducati and his numbers.

    -DT

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  113. JakeGint

    Yawn. I already drank you for soup last week, Blowman.

    See the pretty Christmas flowers inside the greenhouse?

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  114. cigars3

    Whoa! Glad Ipicked up STP at 64! Like, a week ago!

    Somethings up with chinese solar…

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  115. Bison Burger

    I plan on covering some small-caps if $RUT finds support at the 780 level.

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  116. Woodshedder

    Steve, I rather enjoyed it myself.

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  117. DEVILDOG

    Hi guys…just came into the pits for lunch and thought I’d check in with the cows. Well let’s see my NSR & FDX shorts are doing quite well. Cheap QIDs…I can wait as they will soon be making me tons of cash to continue shorting this market down. BTW, I heard the White House says the economy is fine and growth will be steady in ’08 for the election rally. I guess that means no rate cut? Oh…I forgot the fed is independent of the government and can, therefor, cut rates when economic growth is doing fine…lmao. You cows are so manipulated by the power elite as they sell out with help from the fed they paid for it’s just sad. Stay in those mutual funds in your 401K and you’ll do just fine as the markets go up over time. The fed will save the day with rate cuts that will save the housing market…wait that’s what destroyed the housing market…what a delima…no problem the middle class(not hedge fund managers taxed at 15%) will bail out the average joe by contributing their low taxes to Paulson & Bush and they will give the money to those people that can’t pay their loans and everything will be fine. Aren’t you glad you get to pay loser’s mortgages too…what a deal! After all…America is a free market economy with no government intervention(your tax $s)…lol. Remember it only took from 2000 to 2007 to get back to break-even and the $ is worth 40% less now…wonderful BULL returns. Anyway…you stupid cows keep whistling past Goldilock’s grave and I’ll consider buying my own road course track as my driveway. For you surfers out there the first decline to 12.7K was only half a baby bear wave! Hang ten. BTW, who was that that said unemployment claims would be up today…ME! Wonder how payrolls will be next week? White House says BIG increase! I believe! Ta…back to smoking lambos.

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  118. Daniel

    I couldn’t understand some parts of this article THE WOODSHEDDER BOTTOM, but I guess I just need to check some more resources regarding this, because it sounds interesting.

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