On his show, Mad Money, Cramer said to sell stocks “due to credit,” referring to the European crisis.
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time to get long then if based on nothing else than fading that crazy fool. his action alerts plus performance has been comedic it’s so bad
But if EVERYONE knows that he’s a crazy fool and fades him, and he has been bad for so long that it’s catching on to fade him, it no longer is the contrarian play to bet against him. Fade the Faders!
I can’t wait until ZEROHEDGE goes CRAMER on stocks… THAT will be the bottom.
Or should I say Zero Hedge goes Kudlow
beep, beep, beep.
No, that would be the top.
fuck that,long wrapping paper,bitchezzzzzz
If Cramer instructs the public to sell, and there are many people who do actually listen to his advice and follow it, then doesn’t that pretty much guarantee the impossibility of a broad market rally, which requires the public participation?
He probably positioned his accounts short and now wants it to become a self-fulfilling prophesy. I happened to watch “Mad Money” for the first time in years (or possibly first time ever, aside from clips) some night last week, and I saw he had gotten real bearish over the Euro crisis calling for banks to go under (a ‘lehman moment’) that would compel the govt big brother saviors to act and bail out the stock market. So clearly he is bearish at this point.
i have followed the bald guy for sometime now. and one thing i do know for sure, is he is “ALWAYS” late to the party. which is one of the reasons i can only stomach him in very small portions at once a month,and last night i had my fill.
Fuck that bitch! He can lick sweat of my left nut!!! LOL!!!
Sorry…was I thinking out loud again?