so, so wrong. Market rallies after 35% corrections tend to last 270 days after crossing the 200 MA which was only on July 10th. We've still got 3-6 months of gains ahead.
Its also nutty to suggest that the PE is 150. You'll get people slaughtered if you've got them looking in the rear view mirror at earnings. At the most, the PE is around 15. That is probably high b/c earnings continue to exceed estimates.
Stewart vs. Cramer: Long-Term Asset Allocation Incorrectly Maligned [View article]
Stewart is absurd. Cramer has had some very negative outbursts about the market. Yeah, he also made a lot of mistakes, but jeez these babies don't seem to get that the market can go down.
Cramer shouldn't have taken that crap from Stewart. CNBC is not made for long term investors and moms.
Is This Rally Toast? [View article]
Its also nutty to suggest that the PE is 150. You'll get people slaughtered if you've got them looking in the rear view mirror at earnings. At the most, the PE is around 15. That is probably high b/c earnings continue to exceed estimates.
Stewart vs. Cramer: Long-Term Asset Allocation Incorrectly Maligned [View article]
Stewart vs. Cramer: Long-Term Asset Allocation Incorrectly Maligned [View article]
Cramer shouldn't have taken that crap from Stewart. CNBC is not made for long term investors and moms.