Friday, June 02, 2006
Real Money Blog
UnitedHealth Outlasts Reasons to Sell
06/02/2006 12:56 PM
In this article, Cramer rants about "why we sold UNH," at lower levels. He cites Goldman's bearish calls, Wall Street Journal articles, bad chart, etc.
Basically, it sounds as if Cramer is trying to rationalize why he told his readers to sell UNH @ $41-- a few weeks ago.
Note: Cramer is taking alot of heat from his subscribers and one fellow blogger at TheStreet.com. I will be posting more on this later.
Don't Assume Crash Position Just Yet
06/02/2006 12:12 PM
In this article, Cramer cites fellow Street.com writer, Doug Kass, for an article he wrote exclaiming that bad news is now bad.
Meaning, investors are now concerned that the economy is slowing too much and recession is now becoming a concern.
Cramer is not in Doug's camp yet-- since retail sales are still very good.
Cramer exclaims: "I think we are still in Goldilocks-land, where everything's just right. I will start fearing a hard landing only after every one of these pop-off Fed governors issue statements that don't take this jobs number into account."
06/02/2006 12:56 PM
In this article, Cramer rants about "why we sold UNH," at lower levels. He cites Goldman's bearish calls, Wall Street Journal articles, bad chart, etc.
Basically, it sounds as if Cramer is trying to rationalize why he told his readers to sell UNH @ $41-- a few weeks ago.
Note: Cramer is taking alot of heat from his subscribers and one fellow blogger at TheStreet.com. I will be posting more on this later.
Don't Assume Crash Position Just Yet
06/02/2006 12:12 PM
In this article, Cramer cites fellow Street.com writer, Doug Kass, for an article he wrote exclaiming that bad news is now bad.
Meaning, investors are now concerned that the economy is slowing too much and recession is now becoming a concern.
Cramer is not in Doug's camp yet-- since retail sales are still very good.
Cramer exclaims: "I think we are still in Goldilocks-land, where everything's just right. I will start fearing a hard landing only after every one of these pop-off Fed governors issue statements that don't take this jobs number into account."
