FauxCaster Posted February 27, 2003 Report Share Posted February 27, 2003 I'm shocked within 30 minutes of each other, both Bogle and Cramer told Crapvision viewers to get out of stocks. Bogle said even if you've lost 70%, if you can't afford to lose anymore, get out now. Cramer said he's amazed at how many investors are still in the market, they should use these crazy bear market rallys and take some off the table. He said he sees another 98 style collaspe ahead for the Dow. Link to comment Share on other sites More sharing options...
Hypertiger Posted February 27, 2003 Report Share Posted February 27, 2003 Maybe they have been following me and finally comprehend how stoolpid they are and in a brief moment of contact with what was left of the humanity they possesed when they were children, felt sorry... Or they have converted all their wealth into gold and silver and just can't wait to score and buy all the idiots for micropennies on the dollar... Link to comment Share on other sites More sharing options...
Ned38 Posted February 27, 2003 Report Share Posted February 27, 2003 Errrrrrr Uhhhhh Hmmmmmmm The second one? Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2003 Report Share Posted February 27, 2003 Hay Soos! Is that the ultimate Buy Signal? We are, after all, due for a 40% rally. Link to comment Share on other sites More sharing options...
phatbubble Posted February 27, 2003 Report Share Posted February 27, 2003 no one wants to have shit, er, egg on their face when the bottom drops out. time to cut and run, and maybe even appear prescient. things like this and greenspan's latest articulations of 'concern' are extremely ominous signs. expect more of this, and for it to accelerate into the POR. Link to comment Share on other sites More sharing options...
Downtick Posted February 28, 2003 Report Share Posted February 28, 2003 Okay, now I am an official nervous short. Cramer is the best contrarian indicator on the planet. When he is bearish, it is time to go long. JMHO Link to comment Share on other sites More sharing options...
DrStool Posted February 28, 2003 Report Share Posted February 28, 2003 What is this POR thing I keep seeing? Link to comment Share on other sites More sharing options...
richmtn Posted February 28, 2003 Report Share Posted February 28, 2003 What is this POR thing I keep seeing? I'm guessing "Point Of Recognition." Link to comment Share on other sites More sharing options...
Pigeon Drop Posted February 28, 2003 Report Share Posted February 28, 2003 ABSOLUTELY this is a signal to go long. The last signal of Cramer's I remember was mid Oct 2002. He said the hedge funds would sell dow down to 6500 for sure, and it was still time to short. That was the bottom, and from there we rallied 1000 points. If he said today to sell short, we are about to have a massive rally. I've been feeling that anyway, too many bears around now. Link to comment Share on other sites More sharing options...
Downtick Posted February 28, 2003 Report Share Posted February 28, 2003 If he said today to sell short, we are about to have a massive rally. I've been feeling that anyway, too many bears around now. Yep. I am going to put real tight stops on all my shorts right now. Cramer is the best contrarian indicator going. He said oil was a screaming short $7 ago. Can't ignore Cramer. To do so is stupid IMO. Link to comment Share on other sites More sharing options...
Injured Grizzly Posted February 28, 2003 Report Share Posted February 28, 2003 I saw part of the Bogle interview. Did not see Cramer because I can't stand to watch him. If he is getting bearish I really am worried about being short. Link to comment Share on other sites More sharing options...
FauxCaster Posted February 28, 2003 Author Report Share Posted February 28, 2003 Cramer didn't say 'short' he said 'take some off the table" -- and he was addressing his "investors" friends not his fellow traders. Even so you should be worried. Link to comment Share on other sites More sharing options...
DrStool Posted February 28, 2003 Report Share Posted February 28, 2003 Look. The guy turned bullish on gold at 379. But in truth, his history is that he turns in the final phase and catches the last 3 or 4 weeks of a move. So there may be hope for us yet. Don't crapitulate until you see the whites of their eyes. Link to comment Share on other sites More sharing options...
DogBoy Posted February 28, 2003 Report Share Posted February 28, 2003 Sorry but the DogBoy has been extremely busy in his day job. But I had to comment on this one. I have a frien who regularly reads the Stool forums and he said a couple of days ago that a famous person who was going to appear on CrapVision dropped by the Stool site to add his 2 centavos. Could this have been Senor Creemer prehaps ? Had Doc perhaps won another convert ? Sort of like Paul on the road to Damascus ? It does make a ole' Bear like myself pause and think... real Hard. Link to comment Share on other sites More sharing options...
DrStool Posted February 28, 2003 Report Share Posted February 28, 2003 Doggie. Doc missed you! Nah. That was Oyster. He's a regular on Crapvision europe. Posts in IDS. Great guy! Link to comment Share on other sites More sharing options...
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