Cramer calls this a bottom...

Discussion in 'Trading' started by cszulc, Jan 23, 2008.

  1. cszulc


    Just heard Cramer call this a bottom...

    Haha I laughed out loud when he said this. Just last week, he said this was a bear market on his show and now he is back in his bullish mood. He has lost all credibility.
  2. He lost credibility LONG before this.

  3. What Cramer meant to say was that this was a 3 week bear market and now we've hit the bottom. Bulls in control now.

    shortest bear market on record.
  4. cszulc


    I loved that his 2007 Dow target was 14,580!
  5. Retired


    By one common definition, a bear market is marked by a price decline of 20% or more in a key stock market index from a recent peak over a 12-month period.
  6. Lucrum


    Cramer couldn't "call" his mother.
  7. LOL!

    And sadly, people still watch him, and actually do what he says.:confused:

    I've picked up clients pretty easily once I found out who their "Advisor" was. I have a client in her late 60's with 700m who was following the Cramer "strategies" on MARGIN. OUCH!:eek:

    She did 6.7% in 2006 with the "booyah" strategy.

    Last, I like Rick Santelli when he gets pissed off. He's not one to get into a verbal spat with. Him and Steve Leesman (sp?) get into it now and then. I turn up the volume, and we get a quick laugh out of it in the office.:D