At the time I write this, all upgrades above are in the black/green and all downgrades are in the red. It's a horrifying reminder of the absolute power held by those behind the spreadsheets. The market works, but not like this. Paying homage (and huge fees) to the analysts is no different than buying pardons in the mid...more

Do the American people have the intelligent, the moral structure and the guts to make the necessary decisions????   No.

Nice to see investors making FB prove themselves a bit. When a company comes out of nowhere with little in the way of product (i.e. no serious barriers to entry), it can go away just as quickly.

Sure, he was way wrong about the housing ATM. Oh wait...

Bill, in a world where everybody on the street is paid to pretend the sky will never fall, at least you're open to the possibility.

You think we've seen global rock bottom? Hardly.

Good to have the old Tony back.

P.S. Jim, why did you give me a thumbs down? Also, please remove the oxymoronic link above to "Jim Cramer's Best Blogs."

"That's bullish, not bearish."   Gee, Jim, what exactly aren't you and your cronies bullish on? Slowdown in China? Pending panic kicked off by PIIGS? Land bubble in Midwest built on ridiculous corn prices built on ridiculous ethanol subsidies? Maybe I'm just too gloom and doom, but give me Fleckenstein any day.