Slick Irons

Cramer's Stop Trading! This Is One of the Greatest Rallies in History (3/27/09)

Cramer's stock picks have proven to be a bad as his greyhound picks at Wonderland thirty-five years ago !!! As usual, this late, great rally to which he refers to, is about spent.

But, I expect a typical "summer rally" of about 17% in the NASDAQ. Then, I foresee a later summer swoon of 20% that contiues until year-end. Finally, I envision a 14% surge, as the New Year commences. In short, mostly seasonal stuff, in a volatile, but, rather flat year. Covered call-writes can work in this environment.

Avoid Cramer's stock tips and market advice. He reminds me of the ticket "stoopers" at Wonderland, who marvel at their ability to forecast winners AFTER the race...lol...