cramer has had a bad few days. the first days of the crash he was advising buying mo mo stocks with deep in the money calls. those soon became out of the money. then this morning he advised people to sell into the up open. and late today this: @jimcramerJim Cramer As long as gold is going higher, though, and it spiked on the statement, we can't rally....
Difference between Glenn and Jim, JIM DOES PRETEND TO BE A FINANCIAL WIZARD GIVING ADVICE, GLENN DOES NOT, HE JUST SAYS WHAT HE THINKS AND DOES NOT HAVE SHOW ON ASS CLOWN TV, CNBC.
Cramer is a grade one jackass. I am surprised anyone tunes into to his pathetic show. As far as being wrong....this guy has been more wrong than any "financial commentator" out there. If you guys want to really learn about how he "traded" read this....is a great book and a very fast read... http://www.amazon.com/Trading-Enemy...=sr_1_8?s=books&ie=UTF8&qid=1312939693&sr=1-8 There is a very good reason he got out of the hedge fund biz.....
EOD today was clearly a short cover from the last week or two of shorting. It was in no way, a bull run.