i didn't read it that way at all. as a biased-bull, you'd WANT the leaders to be leaders. as a biased-bull, you want those that have gone up to continue to go up.
so, he's hoping it drops (to the 60s), and he buys, and buys, and gets his position back, and then has one of the leaders back in his portfolio.
however, as he's said elsewhere, he's not the tech 'leader' - it's berkowitz, i think? - so they probably won't buy as much.
i don't agree with all of what cramer says, but he offers an insight into his mind, the way *he* thinks. i don't always agree with his conclusions...but i don't doubt his sincerity in what he puts to paper.
me...every chart i look at and such is screaming, as it has for the past couple months, to go short stuff. so i will, intraday only, as i've been doing, and go from there. |