Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (18890)	6/30/1999 9:08:00 AM
From: Benkea	Read Replies (3) \| Respond to of 99985

John: RE: Cramer Good ole loudmouth Cramer PERFECTLY called the 1998 bottom - only he was comparing it to the 90-91 recession saying it was just beginning to fall. Cramer is my favorite contrarion indicator - dumb and arrogant to the core. An example from his article: "So the solution is to take the pain away. To cover. To sell the puts. I saw a lot of that today. Much more than yesterday. I saw shorts capitulating. You could open up an Ursine factory outlet, there were so many bearish towels thrown today at this market." THAT is a contrarion sort of event - bears capitulating! If Cramer is calling for a bottom, you better put on the protection if you are long!