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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject3/7/2003 3:45:04 PM
From: energyplay  Read Replies (2) of 74559
 
Jim Cramer says something interesting -

Vengeful Warriors Drive This Market

By James J. Cramer
03/07/2003 03:22 PM EST
Click here for more stories by James J. Cramer

Do you have the cojones to bet against the U.S. Special Forces this weekend? Isn't that what you're doing if you short it here?

How could you possibly sleep this weekend? Isn't it better to just start shorting on Monday if bin Laden isn't captured or killed?


There. That's the mindset as we go into the weekend. I just ripped out a page of the playbook for just about every hedge fund out there. We all know that the floor traders alone will rip this market up for the biggest one-day increase this year in solidarity with their slain comrades.

Understand, that's what's driving this market. Understand it and you will see why this market couldn't come in today even as my network says the economy is in "shambles."

And cross your fingers (as I am) that they get the #!@$%^&*. And I don't mean captured, of course!
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