eBooks seem to hog up a lot of space in both the information and legal professional trade presses these days. On pg 12 of the December 2011 Information Today issue, there is an article on “Ebook trends” (the author used…
Posts Tagged ‘trade’
SOPA/PIPA vs a Crowdsourced Alternative, the OPEN Act
12
Dec
U.S. Senator Ron Wyden (D-Ore.) and U.S. Congressman Darrell Issa (R-Calif.) recently released a public draft of the Online Protection and Enforcement of Digital Trade (OPEN) Act as a bi-partisan alternative to the Stop Online Piracy Act (SOPA) and the…
Copyright Developments In The News
05
Oct
There were three recent developments in copyright. The first is that the United States and seven other governments signed the Anti-Counterfeiting Trade Agreement (ACTA) last Saturday. Parties to the super-secret talks who have not signed yet include the European Union,…
On Jim Cramer, hitting an alltime high
14
May
An article in the NY Times magazine caught my eye. All about the clown antics of a certain Booyah Bozo by the name of Jim Cramer. You will be aware of him if you have hours to kill in front of the TV set, and own a set of securities of diminishing value.
In the old days, we used to go down to our broker (most often Merrill Lynch), and waste hours watching the tape go by, with a cup of coffee and a newspaper. And, of course, trade information and rumors. Outright promotion by the broker was a no-no.
So what’s changed? We still become transfixed by the tape, and allow ourselves to be entertained by a clown who should be doing standup in the boondocks. He is technically ignorant, doesn’t analyze charts, and won’t suggest shorting when the time is right. He’s for straight gambling on the long side, and bets on the truthfulness of fundamental valuations, which is a sure way to lose the house, and to the house. As for broker promotion, that’s been replaced by CNBC promotion. Opinions? Well, they’re free, and you know what values attach to free.
It’s best to accept the fact that a stock is worth exactly what it’s selling for, at any given moment. The price contains all known and unknown details, where the devil usually lurks. To be bullish on anything in a down market, or bearish in an up market requires skill and guts. It also requires a knowledge of the workings of the market, as portrayed in squiggles on a chart. You are not an “insider”, but you just might make an educated guess after studying trendlines and classic patterns of tops and bottoms for a roadmap. Just be aware that the smart money already holds the stock, and needs to unload on to a gullible public. Mr. Cramer’s job appears to be to set them up.
The game is very serious, and to have fun using other people’s hard earned money is contemptible. And to interview CEOs pretending to reveal inside information while they promote their company’s products has to be for the entertainment of very gullible people.
Stock commentators should be forced to reveal their portfolios, even just a paper portfolio. The record would then speak for itself for all to see. And they should be registered and conform to Blue Sky laws, like other money managers. And the SEC should come out. Where are they hiding?
A Casual Chat With Matt Bruce: Veteran, Talk Show Host, Tea Party Patriot
Bruce’s background:
*********** National Radio Host
**************** Recipient of the Fire Department’s Highest Award for Bravery, “The Medal of Valor,” awarded for actions above and beyond the call of duty
*********************A Vietnam Veteran and retired Fire-Rescue Captain whom was injured in the line of duty
***********A First Responder to the attacks of September 11th, 2001 at the World Trade Center
************************A former Town Tax Assessor who helped roll back taxes in his Hometown during the 80’s that eventually increased tax rolls through new building and development in the process
CLICK PLAY BELOW TO LISTEN TO THIS PHENOMENAL INTERVIEW (Or Go to: FNU.MYPODCAST.COM):
Posted in Caley Anthony, COMMENTARY, Court Opinions, Criminal and Traffic Cases, criminal offense, Criminal Procedure/Constitutional Rights, Current Affairs, defense, defense attorney, financial reform, First Amendment Law, Free Law, Free speech, investigation, Law Firm News and Views, Litigation in the News