TEN THINGS THAT ANNOY ME ABOUT THIS MARKET

Posted by Annoyed Trader | 8:39 AM | 5 comments »


TEN THINGS THAT ANNOY ME ABOUT THIS MARKET

  1. JIM CRAMER – how is someone with a track record worse than a 3 legged horse STILL on the air?
  2. ANALYSTS– How some of these analysts stay employed is beyond me. Today's example is GM, down 80% in the last month and TODAY at a 40 year low they downgrade it! Thanks Mr. Analyst for your TIMELY research!
  3. BUSINESS MEDIA – gone are the days of reporting news, now all they care about is MAKING news to sell ads. Speaking of ads please click on mine so I can pay the bills!
  4. RATING AGENCIES – this deserves an article on its own (coming this week). How are Fitch, Moody’s and Standard & Poor’s STILL in business? They have missed every single financial crisis of the last 20 years!
  5. CNBC – I mentioned these clowns already but they are SO BAD it deserves another mention!
  6. COMPUTER PROGRAMS – this one used to be funny, not so much anymore. Those 800 point intraday day moves in the market are all from poorly written computer programs
  7. JIM CRAMER – ever notice the computer programs trigger AFTER Cramer has come on the air? Program language is likely SELL EVERYTHING once Cramer says BUY any stock!
  8. POLITICIANS - Politicians that schedule MEANINGLESS press conferences during market hours. The latest being Friday when President Elect Obama called a press conference on the day of the worst Employment Report in 14 years and talked about WHAT DOG TO HAVE in the White House! You want a DOG President Obama? Buy a Cramer Stock Pick!
  9. ONLINE BROKERS - thanks to a wave of mergers all we have left are a handful of brokers that only crash when you MUST trade! After so many years you would think they’d invest in some cheap servers!
  10. FOMC MEETINGS - the world comes to a halt every time the Fed meets and for what? There are likely 1 in 10 people who actually understand the gibberish that comes out. Guidebook to Fed announcements – when the market is in a recession they say everything is ok. When the market is fine they say we have to stop the good times. Rinse and repeat!

Digg!

5 comments

  1. Anonymous // November 9, 2008 at 4:54 PM  

    HAHA, very funny!

  2. Anonymous // November 10, 2008 at 8:39 AM  

    Cramer really does suck

  3. Anonymous // November 10, 2008 at 11:08 AM  

    You have a funny blog annoyed trader

  4. Anonymous // November 10, 2008 at 1:43 PM  

    Sorry guy, but you are just annoying others with the same old sheet. Nothing new here besides you reporting your annoyance which is common to everyone else.

    Asking to click in your ad might get you banned from the ad company.

    Cramer ... Cramer who? You are right, I too can't understand why that guy is still on air ... oh wait; I do: to make stupid TRADERS buy high and sell low or short low and cover high.

    On Obama: few were the ones that caught him comparing himself to muts. Did you? "a mut like me".

  5. Annoyed Trader // November 10, 2008 at 2:00 PM  

    click on ads was a JOKE.