Our financial system is crumbling this week.

[Michael]

hah, what on earth are you doing, dangerous?

[dangerous]

hah, what on earth are you doing, dangerous?

Stocks that act the best at the beginning of a rally give a lot of clues as to what could happen. On page 163 I posted SONS Sonus Networks, something to do with voip networks, and COGO, Comtech Group, expanding 3G in China. On this page are PSTI, Pluristem, a stem cell stock, GRMN, Garmin, which makes GPS products, ZRAN, Zoran, which has a chip used in digital cameras, and DBB, a base metals fund. I can only assume the smart players know these companies (or the DBB exchange traded fund) are in line to benefit from the stimulus package and economic recovery. I don't ask why. I didn't mention Generex, GNBT another biotech.
All this is my opinion, not advising anyone to buy or sell stock.

[TimeForGuinness]

Cramer got pretty much got destroyed on The Daily Show last night:

http://www.thedailyshow.com/video/index ... amer-Pt.-1
http://www.thedailyshow.com/video/index ... amer-Pt.-2
http://www.thedailyshow.com/video/index ... amer-Pt.-3

EDIT: I don't know if there are the edited clips from last night's show or the new unedited ones that they were going to post online. I'd love to see the unedited ones to figure out how much of the edited interview was slanted.

[maddash]

Here's the episode on Hulu.

http://www.hulu.com/watch/62203/the-dai ... ar-12-2009

It was painful to watch at times, and I felt bad for Cramer being the one to take the punches for his industry, but I think it was important that something was said. I actually don't have a problem with Cramer's zany antics - at the very least he gets people excited about a normally dull subject - but his show is 90% hype and 10% education. That ratio needs to flip.

And I think the bigger point from Stewart is the most important. CNBC (and other financial media outlets) actually needs to start working for the people and reporting the news. With a few rare exceptions (David Faber), CNBC is nothing more than the ESPN of finance. I mean, it's actually pretty blatant. They've taken the ESPN model, almost verbatim, and applied it to financial news.

But the return of the Fourth Estate is something guys like Stewart and Colbert have been harping on for years.

[ghostrunner]

Yeah, he wasn't even the focus of the original piece. His show, (which I can't stand), isn't positioned as anything more than stock advice. So the fact that he gave some advice that later proved to be wrong isn't that bad to me. He went on information he had at the time.

The worse thing is the more news/analysis-oriented shows. Like the one where the guy asked Stamford (sp?) how it felt to be a billionaire. That guy and that show totally deserve to be hassled.

[TimeForGuinness]

Here's the episode on Hulu.

http://www.hulu.com/watch/62203/the-dai ... ar-12-2009

It was painful to watch at times, and I felt bad for Cramer being the one to take the punches for his industry, but I think it was important that something was said. I actually don't have a problem with Cramer's zany antics - at the very least he gets people excited about a normally dull subject - but his show is 90% hype and 10% education. That ratio needs to flip.

And I think the bigger point from Stewart is the most important. CNBC (and other financial media outlets) actually needs to start working for the people and reporting the news. With a few rare exceptions (David Faber), CNBC is nothing more than the ESPN of finance. I mean, it's actually pretty blatant. They've taken the ESPN model, almost verbatim, and applied it to financial news.

But the return of the Fourth Estate is something guys like Stewart and Colbert have been harping on for years.

++

I totally agree and hope most people walk away from that realizing the more important problem.

[KyCardinalFan]

Apropos of nothing, what are these entitltments that politicians and economists keep bringing up as the next problem or real problem. Entitlement to what and for whom? What are the two sides of the issue?

[maddash]

Apropos of nothing, what are these entitltments that politicians and economists keep bringing up as the next problem or real problem. Entitlement to what and for whom? What are the two sides of the issue?

Entitlements (with a capital E) are expenditures that are automatically set. Meaning that Congress doesn't need to put them in a spending bill, they're already accounted for. Programs like Social Security, Medicare/Medicaid, etc. are entitlement programs. As more and more people become eligible for entitlement programs, the funding for those programs has to grow.

[dangerous]

URG Ur-energy

[dangerous]

PGJ An exchange traded fund mimicing the Chinese stock market