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Maria Bartiromo: "Technicals Do Matter"
Turned on CNBC this afternoon and saw Maria "Octomom" Bartiromo screaming and screaching about how GE stock broke out because "technicals do matter". No doubt, an attempt to curry favor with Jeff Immelt, since that big basketball she's carrying may create image problems vs. the younger, slender, anchorette hotties.
Maria is slowly but surely morphing into the next mom to pop out multiple babies....
Any accident that Maria's pushing and shoving happened to get some mo-mo players on board GE in order to please the boss?
I'm sure her comments will get every chart monkey to pull this one up on the scans tonight....
Also noted that various rumors are now being floated about supposed acquisition targets, thus getting some of the junk plays to start moving.
Like Sprint. Hesse is desperate to get his stock back up over $5 so it will become eligible for margin borrowing..
Another Bottle Rocket run lately has been Wynn's, no doubt gambling fever is returning with a vengeance, with everybody ordering Asian escorts, which is Wynn's specialty...
Another "Pots and Pans" breakout today, the 19-year old gamers are jumping all over these....
And don't forget the bellweather of speculation...
DRYS getting HeatMapped up the last few days:
And on and on it goes, as speculation becomes more increasingly rampant as long term "investors" are becoming unhappy with getting 14 basis points on their T-Bills, so they are rushing back into the NYSE casino....
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Here's one I missed...
Up 256% in one day....
Grandma is going to see this, and she won't be happy about being in bonds or money markets...
LOL....
Unbelievable...yet true.
Can someone explain to me exactly what the fuck is going on with this stock?
If you like ZOOM, fine ... I just don't get who would dump that kind of money on a stock all at once when they're guaranteed to lose most of it within days. Does not compute.
The computers an compute it for ya.
who says hold for days? showed up on my screen at about $7. held til $11. no sense in being too greedy. double whammy of growth + chinese (Gold Lion acquisition reports big sales increase).
It's the "bigger fool" theory of economics--buy trash that will hopefully go up a little bit, then get a bigger fool to buy it off of you before it tanks.
Coffee Bubble continues unabated...
It's laughable that Bartiromo mentioned the
technicals. CNBC is virtually devoid of technical
analysis. I've always believed that was the key
to showing what fraud they truly are. It's the one
stock show that rarely analyzes a stock chart.
She is right technicals matter. We have not seen a fundamentally priced stock since March....
Technically HFT supercomputers can rule the earth.
We have not seen a fundamentally priced stock since March....
Golf clap.
Back slap !
Well said!
lol great article
the sky's the limit friends!
forget roaring stocks - the malls are teeming like its the summer of '99!! hard to find a parking spot in woodfield mall (chicago)
Soon its gonna be the Winter of '79!!
so, does immelt got those 4 or 5 billion shares for the secondary priced yet?
AIG was a bit disappointing today with only a 9.48% runup, particularly after most analysts have said it is worthless. even p.o.s. wells fargo downgraded them.
That's like a fart telling a turd it stinks.
http://www.youtube.com/watch?v=1AGKTooSwTY
Maybe I am weird, but I have always found her rather unattractive. Not just her looks either. She seems appallingly stupid to me.
she is IMHO bat-shit stupid and i think this guy http://www.nosferatuscoffin.com/portal/wp-content/uploads/2008/09/nosferatularge.jpg may well be her grandfather or father. They share some common facial features. I picture her like some sort of a hybrid between that guy and dodecamom.
that's what i looked like at closing bell when i checked my short positions, lol!
ya, me too... *butthole puckering sound* :(
Several years ago, Playboy wanted to pay her big $$$! CNBC is cable version of this old stock market show on channel 22 in Los Angeles, KWHY. All the guests on the show were a bunch of scammers. Gene Morgan got in trouble and that piece of shit Hill Williams really pushed the crap. Anyway, the staff had to keep asking the same stupid shit questions day in, day out. CNBC is just a job, and the job is to sell stuff. I truly doubt that Maria is dumb as a bag of rocks.
I am thinking Maria would look hot in this spaghetti top: http://www.cafepress.com/fishgonebad.238155217
With a voice a donkey would be happy to have....
I don't think Shrek's buddy would like that very much..
Agree. Bill Maher commented the other night that she apparently didn't know you had to be 65 to qualify for Medicare. Very dumb.
I also find her somewhat unattractive. Though you could prove in a court of law that she technically is attractive, I don't feel it looking at her. Something about her double black eyes and droopy face.
Don't sell her smarts short. Have to see her on Jeopardy!
http://www.youtube.com/watch?v=XRE1Wi9nr1k
The Question becomes will we ever see a fundie priced stock again? BTW "Steal" did you notice, the Chinese did go for the Autos...I was close, it was just auto parts today, but IMHO that is just the "testing the waters" before they go full board Crazy on us...60 days in WTO hearings will buy some time...and Maria is pregnant...isn't she too old for that???
John Stewart blew her up in a 10 sec clip back on his anti-CNBC tear. She has no credibility(and never did).
No, you're wrong. Steve Wynn actually throws hookers out of his casino. Right here:
http://www.lvrj.com/news/26274544.html
Rbt, I would be careful about bad-mouthing Wynn on a popular market website. He has lots of friends you probably wouldn't like to be enemies with.
Actually ALL the casinos throw the hookers out because they hate seeing the $$$ going to them when it should be dropped in their box.
That may apply for the cheap street hookers, but I'm sure if you're a high roller high priced ladies are no problem, just ask Spitzer, they just don't want the floozies coming in off the street competing with their house girls.
Nice job as always, Robo.
BTW, check out the chart on this one: TA.
Up 3.5x in the last 60 days.
Who knew truck stops were so lucrative?
Barney Frank.
So natural gas spiked yet another 16% ?!? DO I hear the AWSOMO robot crunching algorithms for gas/oil arbitrage or has it sniffed a vulnerable short position?
p.s. Saw LehBro movie, it was awsome !!!
Great post !!!
Check out FUQI since March. Irrational? Fundamentals gone wild!!!
Don't wanna be short FUQI -- maybe FUQU.
Sprint's Mr. Hesse was featured on Charlie Rose: http://charlierose.http.internapcdn.net/charlierose/091009hesse.wmv
He does have iPhone envy!
Hey Robo, what about COF
I see that the US Treasury is having discussions about unloading our ownership in C.
Rumor has it that those who buy the common will be getting a tax credit for their full purchase. This is part of the TBTF reform.
Here's hoping it's true...and Sandy Weill, Bob Rubin, and Chucky Prince can buy barrels of it. Or they should have to...
Cash for C...love it :) Taxpayers get to buy it twice but with a 50% rebate. Offer expires 9/18/09--original receipt required. Rebate must be postmarked no later than 9/19/09. Allow 6-8 weeks for processing. Not valid in AK, AZ, NV, CA, or FLA.
I heard if you present your brokerage statements that show you hold 100 or more shares of C at Sears you get 10% off any energy star appliance or American made tires too.
LOL,
I just close my eyes and push three letter keys on my computer screen and buy whatever stock that happens to be...and make money!!!
It is truely a magic world we live in...DisneyFreakingLand for all!
Ya until someone get's hungry and figures out the hot dogs are 12 dollars. Then it doesn't seem so magical.
Better yet, search for a stock with "gambling+forture" and buy.
FNET +200%