HUH?
From the you can't make this stuff up department, our guy Jim Cramer was on the Today show this morning and guess what he said. Well I am not exactly sure but I am going to quote Barry Ritholz from his excellent blog:
"I was towelling off my head, so I may have misheard this at 7am, but:
Did I hear Jim Cramer on the Today Show declaring this to be the start of a new Bull Market?
Mark today's date: 3/17/06.
I suggest we revisit this in 6 months, when I will either a) eat crow, or 2) Point out that JJC topticked a major reversal for the 2nd time in 6 years . . ."
I suggest that anyone who thinks that today is the beginning of a Bull Market look at the 3 year chart above of the SP 500. I think it started about 3 years and 500 points ago.
posted by DAVID at
2:50 PM
3 Comments:
LOL, Good one David. Cramer's gone wild. I think he's starving for attention.
Jamie:
It is comical- Why anyone listens to this guy is beyond me- I know I harp on him but he really is a disservice to the investing publice- 650 stock picks since July 28,2005 - he should just tell us what he doesnt like-
Excellent time for a good post.
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