iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Late Day Thought

Can I get a band-aid?

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8 comments

  1. boca

    Cramer has been wrong many times in the past year or so.

    Believe it or not not, I’m still hopeful that a bill gets passed soon by Congress. It might not be the exact same bill that was voted on today, but I’d bet real money they’re working on a new compromise behind the scenes right now.

    Of course if there any sort of rally once a bill is passed, I will be selling into it, walk away and thank my lucky stars.

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  2. Danny

    hahah, saw that, at least we can feel comforted in that he is nearly always wrong.

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  3. CubsRock

    SPX 1090 would be so perfect. It would be a 61.8% retracement. Nasdaq is sitting at 50%.

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  4. derr

    and he could severly under estimate the decline as well. Why go where it was BEFORE the housing and energy boom, when the momentum is taking it lower?

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  5. derr

    And CubsRock, with the no short selling rule, and the Vix as high as it is, there’s more noise, and I think I’d give the retracement/support area a lot more room.

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  6. RaginCajun

    Hey Cramer, go buy some WB, bank with Steel!

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  7. RC

    Cubs, I just looked up VSE. You might be the king of beat up stocks.

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