Cramer Out Talking Extremely Greasy About This Gap Up Open

Cramer just tweeted this.

“Talk about classic bear market behavior,” Cramer said in a tweet. “We crater all week and then we open up huge on nothing, but because we are so oversold it is hard to let things go.”

I’d embed the damned thing — but he blocked me about a decade ago. I must’ve made fun of his bald head back then. Now that I’m bald and odious too, just like him, perhaps he’ll soon release me from his prison and permit my pursuing of his content.

It’s true what he says, bear market gap ups and all. The best rallies are often in bear markets and they come out of nowhere, very hard to catch, impossible to buy. Case in point: you buy the open or the close today, hoping for continuation, and get fucking poleaxed into the street. The best play, if this is a bear market, would be to sell the opening rip and get short at 3:30pm, or even sooner. The risk, of course, is an extended run. I just completed some research about this — which I will share with members of The Capstone Programme — which will be launching this week — highlighting the instances when markets plunged by 5% or more in a single month and what to expect afterwards. You’d be surprised by the results.

What is The Capstone Programme?

An achievement in finance that will make you a better god damned trader/investor — 1 on 1 conference calls with yours truly covering a range of topics tailor made to educate and mentor you as needed.