Yeah, a day like this could easily be a short or even intermediate-term bottom...saying something is a top/bottom doesn't mean much. If this "bottom" holds for 10 days I guess he'll brag about it.
Now if he said we'll go on to make new highs for the year, that would be a little more gutsy. But I don't expect that from Cramer.
Quote from atticus:
Really? He called it after a 500 point bull reversal? Amazed!
Don't misunderstand. I like Cramer's show and CNBC. I think his show is good but the lightning round I don't care for. Since Cramer is a big financial personality sometimes his comments are something to look out for.
Quote from Logged Out:
Im always amazed how many of you talk so much shit about him, yet continue to watch him every night.