Simply put, all we need to know about where the market is headed is that Cramer called for a serious rise in the market, at least another 1000 points on the Dow, last weekend. That's ALL you need to know about how your portfolio should be positioned. ---------- I'm going short 100% sometime today.
Cramer called for massive melt-up at the EXACT top. No matter how he spins it, he was DEAD WRONG again.
This reminds me, I wonder aloud if Cramer REALLY owns these positions he states all the time. Does CNBC actually check on his list if he is telling the truth.
I think the last the time i watched that scam channel is 1.5 year ago, it annoyed the hell out of me, especially screamer Cramer. I guess, today they will be whining again about "a bad day for the markets". But to answer your question, i don't think so either.