cramer calling for a melt up.

I seem to remember also in late 2000, early 2001 his web site "The Street" had some very tough times and there was talk about folding. He had some huge lease that was sinking him and he sub let space out. (OCICBW)

Seems like he has a very tough time on his own. Guess he is better suited to working for others with a regular paycheck like he has now.
 
Quote from onewaypockets:

I seem to remember also in late 2000, early 2001 his web site "The Street" had some very tough times and there was talk about folding. He had some huge lease that was sinking him and he sub let space out. (OCICBW)

Seems like he has a very tough time on his own. Guess he is better suited to working for others with a regular paycheck like he has now.
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...and writing books about his failures....
 
Wow, if Cramer's bullish - might be a good time to buy index puts :)

Of course, he might get this one right - look at all those CMGI nuts who kept buying every dip as the stock slid from $200 - they kept saying "this is the bottom" every time they bought more (you know, they were just "averaging down" :) ).

After hundreds of "this is the bottom", they were finally right - at about 50 cents :) :)

Maybe Cramer will finally break his streak and get a prediction right this time. :)
 
Quote from thetraderprofit:

Speaking of CMGI, I hold the record for the biggest loss in the shortest period. I lost $440 per share in 2 days while short.
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Doesn't that come out to 440 points in the red?
 
Quote from thetraderprofit:

Speaking of CMGI, I hold the record for the biggest loss in the shortest period. I lost $440 per share in 2 days while short.
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on how many shares?? :eek:
 
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