Thursday, May 27, 2010
Cramer gives the all clear to buy
Can't Trust This Move -- Even Though It's UpDown 2, up 2. Can't catch the up 2, happens at the opening. Can't sell the down 2, it happened at the opening. Can buy the down 2, but might be down 3. Blah blah blah. This market is unstable to the upside today. Unstable and wobbly and dangerous. It's just as wobbly and unstable and dangerous to the downside. You can't have a market that opens up limit or down limit as if it is lumber and keep players in -- a la what Doug Kass says -- with this kind of activity. You can't have a market that goes up 200 points because of a rumor about China dumping European bonds gets disproved. Or maybe wasn't made at all. You can't have it and think that it is a "good" one that you want to buy into....
Blah blah blah......
Cramer, the chief stock pimp of CNBC is bearish and doesn't trust this market.
What more do you need to buy???
THE MARKET CORRECTION IS OVER!!!
Posted by Palmoni at 2:30 PM