Friday, September 15, 2006

 

Quick Alert: Cramer Giddy; Market May Top

Ok, not to beat the guy up or anything, but he is now telling his readers to go out and buy the homebuilders, financials, tech and anything that goes in the house-- now.

What the fuck! This is the same guy who hated the homebuilders 25% lower.

Also, he thinks CHK and SWN are going way down and suggests shorting the stocks.

As many of you know, I used to blog Cramer. I will tell you, he hasn't been this giddy since the May 11th top.

You figure it out.

Comments:
He really said to go ahead and short chk and swn" How what the hell did he say? did he use his old ""if i were at my Old headge fund" bit? TIA.


and hey the hell are you surprised cramer always pumps what ever is hot on the day or week,only too recount later!
 
Indeed, he did say "if I were at my hedge fund...."
 
totally thinking the same thing. It's like a mirror of when he topped all the infrastructure/energy/mining back in late April.
 
Is this like when Cramer said to sell Microsoft at $22 (or was it $21?) and then it went up (quickly) and he said to buy it at $24?
 
Funny stuff.
 
Cramer could be an avatar of the Fool in Shakespeare's plays. He babbles on meaninglessly (or so it seems) for several stanzas, then tosses out a zinger that is right on the money. Hence, one cannot dismiss him out of hand.

That being said, anyone who relies on him for trading advice is certainly the Greater Fool.
 
said warm winter = 2$ ng. you probably know how awful he's been in the past. last time he tossed out a natty prediction it was cold winter= 30$ ng. probably 11 months ago. I'm not a buyer yet, but that is a bear beware.
 
sorry, should have mentioned Cramer said: re NG above
 
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