cnbc/cramer hit new low

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ETcallhome

on his tease to his upcoming program on cnbc, Cramer says, "People ask me what to do?! I tell them stop blaming yourself! It's not your fault! It's the market's fault!"
 
I hope he's making $ for CNBC by being on the air, because I can't believe he's doing jack for any of his followers.
 
I think what he meant to say was, If you are long, obviously the market mispriced your stock when you got in. But that doesn't mean the market is pricng your stock correctly now.
 
it gets confusing for a contrarian
you must believe when a stock you own is down the market is wrong
but you also must believe that eventually the market will always be right
but you never know if the market was right when you bought it and is wrong now
or the market was wrong when you bought it and is right now
 
ETcallhome said:
it gets confusing for a contrarian
you must believe when a stock you own is down the market is wrong
but you also must believe that eventually the market will always be right
but you never know if the market was right when you bought it and is wrong now
or the market was wrong when you bought it and is right now
More...

The market is always right.

You may have to WAIT to be right, and you may run out of money while you wait - but the market is always right.
 
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