It's official!
According to Cramer:
"Coke and Dell used to matter. Now they don't. That Gillette and Coke could just cease to be important to the market shows you how inventive and dynamic this bull is. Remember, these are Warren Buffett stocks."
It's not a mania, it's just an inventive and dynamic bull market!
So now steel, chemicals," dead-tree" media, profits, Kosovo, soda pop, and shaving don't matter. The list keeps growing.
/Kit
P.S. Near as I can tell, what does matter to the e-Bunny is: mergers, splits, deals, the internet, telco tech, Mr. Softee, U.S. banks (which are going to take over the world), and whatever is going up (except oil, on which Cramer has been totally silent, since he missed the boat, as you pointed out). |
