(c) 2010 F. Bruce Abel
Was Cramer ever so pessimistic on the actual market? Gold and "accidental high yielders." Nothing more, except Canadian Banks.
Mad Money Recap Nightly Recap for: Monday, May 17,2010: "I need you to accept the inevitable tsunami of pessimism, skepticism, and corrosion… and continue to pick at the accidental high yielders, I have got a real good one coming up after the break… but you have got to accept that the market is just not working right now… that we have these rallies when the pessimism gets too great… but the rallies are strictly from too much pessimism… and not from a redo at the look from the fundamentals… which the bears have written off… no matter how good they are and getting better… so do not try to fight it… instead try to make some money off of it by buying SPDR Gold ETF (GLD)… or one of my fave gold stocks, on any dip like the one that we had today that you can catch."
Was Cramer ever so pessimistic on the actual market? Gold and "accidental high yielders." Nothing more, except Canadian Banks.
Mad Money Recap Nightly Recap for: Monday, May 17,2010: "I need you to accept the inevitable tsunami of pessimism, skepticism, and corrosion… and continue to pick at the accidental high yielders, I have got a real good one coming up after the break… but you have got to accept that the market is just not working right now… that we have these rallies when the pessimism gets too great… but the rallies are strictly from too much pessimism… and not from a redo at the look from the fundamentals… which the bears have written off… no matter how good they are and getting better… so do not try to fight it… instead try to make some money off of it by buying SPDR Gold ETF (GLD)… or one of my fave gold stocks, on any dip like the one that we had today that you can catch."
