Friday, August 26, 2011

Ten Things

Warren Buffet stepped up to the plate on Cramer's Item No. 2 yesterday.  I "bit" for 1000 BAC at near the high of the day and I'm proud of it, although I sold 500 near the low of the day. Jim defended the bullishness of BAC in his opening segment last night, bashing the short-sellers who dumped on the Buffet deal (from the point of view of BAC).  Mainly the Fast Money crowd.