Sorry Folks

Digg Stumble This Del.icio.us Twitthis Google Yahoo Reddit Technorati


From MSNBC

Cramer emphatically urged any investor who has money they may need in the next five years tied to stocks to pull their dough out.

“I thought about this all weekend,” Cramer told Curry. “I do not want to say these things on TV.


Something tells me the only one not needing money in the next five years will be Cramer from all those book sales.  I'm glad Cramer spent the weekend debating on whether to SELL SELL SELL.  Only 30% down now, but better late than never?  Over/under on Cramer going BUY  BUY BUY?  I'm setting the line at 7 days.  Probably something like "We'll I was only advising those who _needed_ the money to sell, not everyone."  It's okay buddy.  Just sip some cheap scotch and put yourself in that happy place.

To hell with the VIX, we got Cramer!   I propose a new volatility index.  Let's call this one the "Cramer Recommendations and Panics" index, or simply CRAP for short.  The biggest bulltard in the world is recommending to sell.  That alone tempts me to go "balls-in" on the long side.  But now that'd just be foolish.  Could he be right this time?  Even a blind squirrel finds a nut every now and then.

I'm sure I could get some action on that Over/Under from Adam at the Daily Options Report.  What do you say Adam?  My GOOG calls and the Under vs your AAPL calls and the Over? I don't know about you but I've moved my GOOG calls off the balance sheet and have assigned a value much more than worthless.