billddrummer

Cramer's Mad Money - You Can Buy Pretty Much Everything (11/16/09)

The stock market is the only one I know of where people buy when prices are rising and sell when prices are falling.

Doesn't make any sense to me.

Barron's Calls a Bottom

On Mar 10 11:50 AM The Donald wrote:

> I love posters who attempt to degrade others by making fun of their
> spelling and typing skills. In the end it comes down to who is more
> successful. As they say in Texas, you just have a big hat...but no
> cattle!

To The Donald,

I define 'successful' as someone who knows how to spell.
How do you define it?

As a follow to the commentary, as when analysts were trying to gauge the peak of the housing market, the bottom of the housing market (not yet), the onset of the recession and the beginning of the recovery (not yet), you can't call a peak or a bottom to anything until indicators look down or up, depending on what you're attempting to predict.

Which is a long way of saying only in retrospect can you evaluate market turns. The reason predictions are so popular is the same reason people read their horoscopes: They want to know what the future holds before it arrives.

Unfortunately, that's impossible. But Barron's and everyone else with an opinion will attempt it.