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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: shades who wrote (67808)8/9/2006 11:31:31 PM
From: John Vosilla  Read Replies (1) of 110194
 
'..says the market is heading in the direction of our favorite bruce springsteen song and to do the opposite of whatever cramer says'

I turned on CNBC tonight and there is Cramer. About to turn the channel and a caller asks about Bank America. I'm interested as it is my big short position just established. Cramer says don't buy till it drops to $49 but with a caveat that the Bank Index just did a double top. Will Cramer ever advise a protective stop in case god forbid he is wrong? What a joke.
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