Tuesday, May 22, 2012

Cramer Top Ticks The Market By Stating Facebook IPO Doesn’t Mean A Market Top

I really haven’t mentioned anything about my favorite tout TV lackey since the 2008 collapse.  At that point his credibility went to just about zero.  Cramer has proven himself time and again to be one of the best anecdotal contrary indicators.  In other words, he is presciently wrong at just the right time and consistently so.   His mouth literally becomes unhinged and seemingly he is unable to stop himself.

This is again no exception as the Facebook pigs slides again.

posted by TimingLogic at 12:51 PM