Poor Ming Has Bad Hair Day

Everyone picks on poor Ming and tells him to buy a nose hair trimmer. At least that's more constructive than what the touts on CNBC tell you to buy. They all talk their book and the schlemiels who watch are supposed to hop aboard and rescue them from their own folly. How many years have they been pushing Pfizer as a great defensive play as it dropped from $28 to below $16 obviating any benefit from the dividend?

Then there's Cramer who never saw a trend he didn't like. For instance, nine years ago as 2000 approached and up until the drop, the great man was hot for tech. Everything he touts turns to yak fece. i.e.his recent recommendation of Wachovia which imploded within a week.

Ming plans to develop a contrarian fund selling naked calls on all their picks for all those nose pickers out there like Ming who want to pick winners despite those bad hair days.