LOL!!!!!!!!! I was expecting a chart.
Cramer just called the bottom
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LOL!!!!!!!!! I was expecting a chart.
never watched they guy but im guessing based on the comments here this video is spot on....
http://www.youtube.com/watch?v=SGkrNJ19DSU
after 7 years away from stocks i jsut got back in in mid december. i know, great timing.
sorry if its a duplicate
http://www.youtube.com/watch?v=SGkrNJ19DSU
after 7 years away from stocks i jsut got back in in mid december. i know, great timing.
sorry if its a duplicate
Quote from Landis82:
I guess the majority of people here on ET are "newbies" or others that have no technical analysis background whatsoever and need someone like Cramer to tell them whether or not the market "bottomed".
We had an outside reversal bar people!
That is THE MARKET telling you that a "bottom" is potentially in hand; just need a higher close tomorrow . . . but most here on ET need to watch someone on CNBC for validation.
Go figure.
It cannot be possibly anything more than a very short term bottom. We have at least 1000 more points (more than likely around 2000) to go on the downside before we can call it an intermediate bottom. One of the biggest financial crisis in the history is not going to bring merely a 17 % correction from the top especially considering the bull market we have had in the last 5 years. Cramer is not making clear that this is a very short term bottom.