CHECK THAT BOTTOM

So yesterday at around 2:40, Cramer writes a post on realmoney.com explaining why he is now bearish despite his bottom call early last week:

"So what happens? We have to go back to being radically oversold before these stocks stop going down, and we are nowhere near that. It is easy right now to say, "There is no hope."

I would rather say, "There is a trade coming up to the long side after we go down a lot, but right now the short side is the easy side."

I will offer this, he seems to be in pretty pretty good contrary indicator mode for now-