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CNBC's Jim Cramer says he's witnessing something in the market he hasn't seen in all his 34...

CNBC's Jim Cramer says he's witnessing something in the market he hasn't seen in all his 34 years of investing - something that tells him this bull market is more powerful than any we've ever experienced. First, investors aren't taking profits after good news, which is usually the norm. Second, stocks aren't re-tracing to fill in any gaps after popping on good news, they just keep going higher. Lastly, even on bad news, stocks are roaring even higher. This is a "surrealist moment," Cramer says. Managers who have been taught never to chase stocks are getting killed. This is bull is "crushing even the most skilled of matadors." (Video)
Comments (23)
  • marketwatcher23
    , contributor
    Comments (1242) | Send Message
     
    It's called a bubble....
    13 May 2013, 08:00 PM Reply Like
  • rambler1
    , contributor
    Comments (676) | Send Message
     
    I think a bubble is forming in Cramer's carotid artery.
    14 May 2013, 06:38 AM Reply Like
  • Ajayyy
    , contributor
    Comments (331) | Send Message
     
    "Managers who have been taught never to chase stocks are getting killed"

     

    LOL.
    13 May 2013, 08:04 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1277) | Send Message
     
    It's funny some of my stocks are retracing even after good news. Bad luck I suppose.
    13 May 2013, 08:08 PM Reply Like
  • Ajayyy
    , contributor
    Comments (331) | Send Message
     
    Nope. Only bad stocks. :P
    13 May 2013, 08:11 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1277) | Send Message
     
    Well if they were bad stocks they would not be getting good news.
    13 May 2013, 08:14 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3085) | Send Message
     
    http://bit.ly/12vGTNT

     

    Many ways to look for correlation, but extremely few show a continuing trend. Once we see USD/JPY drop down again, we will see a shift in markets.

     

    Since this is Cramer, we may just have the great contrary indicator at the moment.
    13 May 2013, 08:13 PM Reply Like
  • daro
    , contributor
    Comments (1676) | Send Message
     
    I agree with the last sentence. I can recall during the financial crisis, cramer was saying he was getting out of stocks. it was basically the dead tick low. now cramer says this is the best bull market ever. watch out below!
    13 May 2013, 09:16 PM Reply Like
  • markrpat
    , contributor
    Comments (230) | Send Message
     
    Pre-trumpeteers! Good for the near term. As they say, then the singing starts, everyone wants to join in. Then wait for the fat lady. Exit before the party winds down, or you get caught in the early morning cleanup.
    13 May 2013, 08:15 PM Reply Like
  • Lares Capital
    , contributor
    Comments (437) | Send Message
     
    On the contrary, I think we are witnessing something we have seen many times last..ummm...12 years: irrationally exuberant Cramer making a bad emotional call or in his own immortal words: "No, no, no! The Bear Sterns is fine! Don't take your money out!"

     

    The market actually feels a lot like the Spring of 2011 - the news were getting worse but the stock prices kept on creeping up. It was a great time to buy...4 month later and 20% lower.
    13 May 2013, 08:15 PM Reply Like
  • Ajayyy
    , contributor
    Comments (331) | Send Message
     
    I am hoping for a correction now. I'm ready. The wait and fear around it isn't worth it anymore. Also, there are some stocks I wanna pick up for a little cheaper.

     

    A continued rally is good for my portfolio but it will just make me sick.
    13 May 2013, 08:19 PM Reply Like
  • Uncle Pie
    , contributor
    Comments (3702) | Send Message
     
    Anyone who has been investing for 34 years and is not by now comfortably retired has some explaining to do.
    13 May 2013, 08:31 PM Reply Like
  • jerrycalpha
    , contributor
    Comments (59) | Send Message
     
    This isn't your father's magazine cover! He really should cut back on the meds.
    13 May 2013, 09:01 PM Reply Like
  • scarlo
    , contributor
    Comments (75) | Send Message
     
    Listen to Mr. Cramer, this time really is different, I swear. Just like this time Cramer might be right, instead of wrong like usual? Hmmmz. What this message is really saying is: take your profits, you fools.
    13 May 2013, 09:01 PM Reply Like
  • Placebo Investment Advice
    , contributor
    Comments (3452) | Send Message
     
    Who can forget when, right before the 2000 bubble burst, Cramer was frothing with excitement about buying meteoric momentum stocks such as Inktomi, Mercury Interactive, Sonera, VeriSign and Veritas Software?

     

    "We buy them every day, particularly if they are down, which, no surprise given what they do, is very rare. And we will keep doing so until this period is over -- and it is very far from ending."

     

    --Cramer, February 29, 2000
    The Winners of the New World
    13 May 2013, 09:19 PM Reply Like
  • jumpnjoey77
    , contributor
    Comments (952) | Send Message
     
    His 10 stocks for the next decade: SVNX, ARBA, ISLD, EXDS, INSP, INKT, MERQ, SNRA, VRSN, VRTS.

     

    Ouch.
    13 May 2013, 09:51 PM Reply Like
  • jumpnjoey77
    , contributor
    Comments (952) | Send Message
     
    Oh boy...
    13 May 2013, 09:48 PM Reply Like
  • nightfly
    , contributor
    Comments (1017) | Send Message
     
    Cramer == irrelevant.

     

    He's an entertainer now after all...
    13 May 2013, 09:50 PM Reply Like
  • billrosser
    , contributor
    Comments (12) | Send Message
     
    "Do not confuse wise investment choices with a bull market."
    13 May 2013, 10:19 PM Reply Like
  • bjamesh
    , contributor
    Comments (152) | Send Message
     
    So, according to Jimbo "it's different this time". Wow, I'm even more skeptical about this market.
    13 May 2013, 10:51 PM Reply Like
  • KJP712
    , contributor
    Comments (458) | Send Message
     
    It might take 34 years before TST hit's 3 again.
    13 May 2013, 11:27 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9793) | Send Message
     
    Its as if there is a money tsunami coming from Tokyo and Washington, D.C. flooding the equity market or something, huh?
    14 May 2013, 12:25 AM Reply Like
  • Hunter Straus
    , contributor
    Comments (100) | Send Message
     
    What's the opposite of fear?
    14 May 2013, 12:25 AM Reply Like
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