Cramer says buy now

AAAintheBeltway · Mar 17, 2003

Jim Cramer made his long-awaited buy-the-war call this morning. Despite his near perfect record the last few months as a contrary indicator, he is very right so far. Personally, I don't see what's so bullish about going to war. Everyone assumes this will be a cakewalk, and probably it will be, but a lot can happen and most of it would be negative.

chasinfla · Mar 17, 2003

what's bullish might be the buy the rumor sell the news concept (in reverse).

i'll never forget the market of the past few months. choppy, jittery, tense, nowhere.

GreenDog · Mar 17, 2003

Quote from AAAintheBeltway:

Personally, I don't see what's so bullish about going to war.

as you know, it's not important what we think -- it's what the market thinks!

... the market has spoken.

chasinfla · Mar 17, 2003

large, massive shorts cutting their risk.

Free Thinker · Mar 17, 2003

cramer made nice call this morning.

dis · Mar 17, 2003

I did - nibbled on QQQ Apr 24 puts.

omcate · Mar 17, 2003

Quote from dis:

I did - nibbled on QQQ Apr 24 puts.

I am more conservative. I shorted the QQQ April 23 puts before 10 AM.

:eek: :eek: :eek:

lindq · Mar 17, 2003

A few days of strength...then the reality of the economy will set it. Especially as more companies warn about their awful 1st quarter and the war news dies down.

qdz2 · Mar 17, 2003

guys like that are all american patriots.

DisciplinedHedg · Mar 17, 2003

Quote from vhehn:

cramer made nice call this morning.

He makes multiples calls multiple times a day on multiple subjects.

The proof is in the pudding, how's his "Action Alert Plus" Portfolio doing?