I think the days of the merger and buyout boom are long gone, what we experienced over the last 5 years was due to incredible amounts of leverage and stupidity, who knows where all the printed money is going to go but all I know is that inflation is going to be a real bitch over the next decade.
"In 1996, Guy joined Goldman Sachs' noted commodities group, J. Aron, as vice president, where he worked for Gary Cohn and Goldman's current chief executive, Lloyd Blankfein." Gee. What a surprise. CNBC is basking in some masterbatory splendor lately. I don't know what they're running from, but it's pretty disgusting.
Macke has conducted himself as a trash talking in your face CAPITALIST. But longing and pumping banks is definitely a SOCIALIST play. Longing banks may indeed be the play, but not from my world view as a CAPITALIST. Financials are GUBMINT meat and I do not have a taste for GUBMINT meat even if there is money to be made. I am profitable enough without trying to dabble in trading SOCIALISM.
DOES ANYONE on this site actually have a clue about trading? Have you been listening to and believing all the idiots on here that think a profitable trade simply materializes when someone like Cramer, stockturder, marketsurfcer or some other inconsequential irrelevant individual says something about the direction of a stock and that because this person says something doing contrary would be an intelligent course of action and lead to a profitable trade. So you actually think there is a correlation between what Mackey says and doing the opposite? A Fade? Unbelievable.... Please....enough with this nonsensical FADE garbage. If you can;t see how utterly foolish so called FADING a nobody is (as ET idiots regularly cackle)........ Oh why do I even bother.....
1fly - i've faded cramer and made money off him. i've stated the one way that's general enough that i won't lose my edge; there's a couple other cramer fades which i'm not disclosing, since it would get too crowded. it's not the main trading methodology i use, but provides some snack money from time to time. and lots of little snack money adds up.
You are mentioning some people here who are reputable traders and investors. Unlike you, they have real names and track record, even wrote books about the subject. You on the other hand are nobody, and that's a fact. When you reveal your real name and show your track record ... then and only then can you talk like this... Until then... you are just nobody
What I would like to know is why would any of you listen to the garbage on the tube, especially CNBC. The only reason to have them on is for news flow. Are we running out of topics? And yes there are some sharp traders right here on this thread.
I think it was Wed. Macke bought AGU. That and is it 40 or 50 percent of all the soundspace being used thats by him.