BadCompany

Cramer's Lightning Round: Honeywell Is a Winner (11/24/08)

Have you seen the new clip on CNBC in which Cramer says to be wary of people who go on television and call bottoms?

www.cnbc.com/id/279252...

I guess he forgot about this:

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday, July 30.

“It smells to me like something, in fact many things,” he said, “have at last changed for the better.” “I am indeed sticking my neck out right here, right now,” Cramer continued, “declaring emphatically that I believe the market will not revisit the panicked lows it hit on July 15.” With earnings coming in strong across the board, except in the financial sector, Cramer said the markets may finally be leaving the bears behind. He said the negativity in the market is striking. He cited an investor intelligence survey, which indicated that only 30% of investors are bullish, while 50% are bearish on the markets. "It's always darkest just before the dawn," he said.