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Nearing the end of the BULL Market

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May 10, 2006 12:14 pm

I saw Alan Skrainka (onion head) on CNBC last night, he was talking about stocks with big cash positions and some other BS. My point to you is that whenever Jones starts giving advice about individual stocks on national television the market is usually ready for a correction. They get it wrong everytime. Maybe some of the employees should email him and tell him to shut up and get some Rogaine…Oh I forgot they don’t have email…but its coming soon… rrrrrrright…

May 10, 2006 1:45 pm

You sound bitter.  Have you tried relaxation therapy?

May 10, 2006 1:47 pm

yeah how about wcom, lu and of course sell nxtl at 4.00 and sell MO at 25 what a cheese head

May 10, 2006 1:49 pm

[quote=RecordGuy]You sound bitter.  Have you tried relaxation therapy?[/quote]

Bud Lite does just fine

May 10, 2006 5:16 pm
kkenney:

yeah how about wcom, lu and of course sell nxtl at 4.00 and sell MO at 25 what a cheese head

May 10, 2006 5:27 pm

[quote=kkenney]yeah how about wcom, lu and of course sell nxtl at 4.00 and sell MO at 25 what a cheese head[/quote]

How about YUM...sell at $20 about 4-5 years ago.  I remember the reasoning, " who is eating at Taco Bell, KFC or Pizza Hut anymore?  America is in a health craze."  That was brilliant.  Jones sort of forgot about the growth of YUM in the rest of the freakin world.

May 10, 2006 5:27 pm

Oh and you forgot the Sell reccommendation on Williams Companies at 4.  The only analyst worth their salt at Jones is Kevin Lampo.  He had to teach newbies at Jones how to sell REIT's.  They didn't even know they exisisted. 

The worst analyst at Jones is the women who used to cover Disney.  I can't remember her name right now, but she looked 22, straight out of Washington University, St. Louis.  She was talking about how great of an investment Disney was.  She was touting Pearl Harbor (the movie) to be then next Star Wars. 

May 10, 2006 6:22 pm

At least we know why the majors have tainted research (brown-nosing companies for future investment banking biz), but, Jones just doesn't get it. They should seriously consider buying research instead.  Many smaller firms get research from Goldman, Lehman and Credit Suisse. 

In the end however, I pay no attention to sell-side research.  I don't need some pinhead telling me about Disney, YUM or any widley held stock.

May 11, 2006 3:57 am

[quote=Gone Indy]

I remember the reasoning, " who is eating at Taco Bell, KFC or Pizza Hut anymore?  America is in a health craze."  That was brilliant. 

[/quote]

All Skrainka would have had to do was walk down to one of the "Success Rooms", and look at all of the 42-inch waste fat-asses living in America's gravy belt and choking down Marlboro Lights on their breaks to get a very different view of things.  That's who was eating at Taco Smell, KF'inC, and Pizza Slut.  Hell, he might have even had enough common sense to slap a "Buy" on MO, YUM, and PEP after getting a load of that crowd. 

May 11, 2006 8:10 pm

NICE

May 11, 2006 8:52 pm

The Jones Curse Lives!

May 11, 2006 9:17 pm

Well, Jones clones are just lucky Skrainka is still with them. Afterall, he actually resigned about three years ago. In July 2003. He was romanced by… Bank of America and accepted! HOWEVER, there was a circling of the wagons and he was convinced to rescind his resignation and did…strange but true.

May 11, 2006 10:03 pm

Did you mean "convinced" or "threatened"?

Sounds like Mr. Roberts to me...."there is to be no more dis-harmony aboard this ship."

May 11, 2006 11:14 pm

How much you think they are paying their beloved analysts? My sources say

it is embarrassing how little they make relative to their peers.

May 12, 2006 11:37 am

[quote=munytalks]Well, Jones clones are just lucky Skrainka is still with them. Afterall, he actually resigned about three years ago. In July 2003. He was romanced by...... Bank of America and accepted! [/quote]

Recruited as what, a teller, a branch manager? With his resume there's no way he'd be hired as a senior strategist. Perhaps as an analyst, but even that’s doubtful. Sounds like a rumor Jones management is happy to repeat as if their chief strategist has some juice on the street and is in demand elsewhere.

May 24, 2006 8:02 pm
successroom1:

I saw Alan Skrainka (onion head) on CNBC last night, he was talking about stocks with big cash positions and some other BS. My point to you is that whenever Jones starts giving advice about individual stocks on national television the market is usually ready for a correction. They get it wrong everytime. Maybe some of the employees should email him and tell him to shut up and get some Rogaine…Oh I forgot they don’t have email…but its coming soon… rrrrrrright…

May 24, 2006 8:07 pm

[quote=successroom1]I saw Alan Skrainka (onion head) on CNBC last night, he was talking about stocks with big cash positions and some other BS. My point to you is that whenever Jones starts giving advice about individual stocks on national television the market is usually ready for a correction. They get it wrong everytime. Maybe some of the employees should email him and tell him to shut up and get some Rogaine...Oh I forgot they don't have email...but its coming soon.............. rrrrrrright.......[/quote]

successroom1

looking back when you posted this (May 10) you hit it right on the head! The market has retreated since Onionhead spoke on CNBC. Any more good advice?

May 25, 2006 12:16 am

[quote=jonesescapee]

[quote=successroom1]I saw Alan Skrainka (onion head) on CNBC last night, he was talking about stocks with big cash positions and some other BS. My point to you is that whenever Jones starts giving advice about individual stocks on national television the market is usually ready for a correction. They get it wrong everytime. Maybe some of the employees should email him and tell him to shut up and get some Rogaine...Oh I forgot they don't have email...but its coming soon.............. rrrrrrright.......[/quote]

successroom1

looking back when you posted this (May 10) you hit it right on the head! The market has retreated since Onionhead spoke on CNBC. Any more good advice?

[/quote]

So Skrianka speaks and that's enough to send us into a correction?? The real culprit is Bernake talking to MSNBC....

May 25, 2006 1:48 am

When have you EVER seen Skrainka on the Tee & Vee when he wasn’t bullish? Shoot, I’ve got a watch that quit running and it was right 2X/day. Cost me $5 to make it right 24X/day. How much $$ would it take to make Skrainka right a FEW times a yr.?

May 25, 2006 1:08 pm

I recall being in the cult and the equity staff was bragging about how great they were and that they did not use to be as good as they at the time. Well that was 1999! Of course they were putting the mouth in ML, SB, MS and  RJ. The GP over equities was quoted as saying “anybody can swim in waist deep water” little did the cowboy from the midwest know that the tide was right behind him. Sell MO@ 20, strong buy on Compact computer @ 55,45,35 ,20,15 and after the merger with Hewlett dump it! Oh yeah, I forgot the sell on YUM in the teens, just to name a few. Don’t get me wrong every brokerage firm gets a few wrong every year but whenever they (EDJ) start touting their picks go the other way and you will make $'s every time. Use options and you can pick up some quick cash. Next thing you know Onionhead will start preaching ethanol. I hope they stay in business so I can profit from their idiotic picks.