Tuesday, October 14, 2008

Cramer Got it Right

As readers of this blog know, Cramer is the greatest in my opinion, for reasons too numerous to explain.

This clip is worth studying over and over.

When Cramer said to sell just before the crash last week it was obviously a key, key statement to anyone who watches him carefully. He never recommends the short side, so one must read between the lines on most days. But last week it was a flat-out statement that would save a lot of people money.

Did I benefit? No.

See clip below.

[unfortunately sometimes when this is called up you have to listen to a short ad before seeing the interview; but I've just discovered something interesting. When the ad starts, click your back arrow and then reload the subject url below, and you skip the ad!]

http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=10195233&src=finance&ch=633473


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