Wednesday, June 21, 2006
Cramer Flip- Flops
Before digesting Jim's latest market calls, read this.
Comments:
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It's funny how the Cramer haters are always telling us how wrong Cramer was today.
"How wrong he was today..."
Think about that for a second. Are any of the tomato-throwers telling us how things will be tomorrow? Are they telling us how things will be even in 15 minutes? No. Nobody else even *tried* to understand what was going on in the market over the last 6 weeks. They just threw up their hands and told us what we all already knew.
So the Rev can get up there and bark about bearish sentiment 4 hours after the fact? Yawn. So Marketwatch can do a story on how the market was down 100 points one day. What good does that do me now? So Barrons can tell us that Boeing jumped 6 points last week? Who cares about the past?
Where are all these haters with *THEIR* predictions? Where are they when the average investor is asking "What the heck was that? What the heck should I do now?" I'll tell you where they are--the haters are buying bonds.
Nothing more worthless than a hater.
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"How wrong he was today..."
Think about that for a second. Are any of the tomato-throwers telling us how things will be tomorrow? Are they telling us how things will be even in 15 minutes? No. Nobody else even *tried* to understand what was going on in the market over the last 6 weeks. They just threw up their hands and told us what we all already knew.
So the Rev can get up there and bark about bearish sentiment 4 hours after the fact? Yawn. So Marketwatch can do a story on how the market was down 100 points one day. What good does that do me now? So Barrons can tell us that Boeing jumped 6 points last week? Who cares about the past?
Where are all these haters with *THEIR* predictions? Where are they when the average investor is asking "What the heck was that? What the heck should I do now?" I'll tell you where they are--the haters are buying bonds.
Nothing more worthless than a hater.
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