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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (237007)4/22/2003 5:05:35 PM
From: SFW  Read Replies (3) of 436258
 
RE: Cramer's This rally is based on FUNDAMENTALS.
What a relief! I can now tell my unemployed friends that Cramer said that things are getting better and they can have their jobs Back. I can also tell my kids' school district to re-open the schools they had to shut down because of the lousy economy. What fundamentals is Cramer talking about? This guy is losing what little credibility he had left. Beating severely lowered expectations does not translate into improving fundamentals. Increasing deficits, debt and unemployment and the decrease in the value of the dollar do not lead to a better economy. Stock prices may go much higher, but it won't be based on fundamentals and it won't be sustainable.
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