WACG

Happy Days for Panera - Cramer's Mad Money (7/23/08)

I wish I could simply block all blatherings about Cramer The Toilet Bug regardless of what stock he is manipulating. People should realise that the jerk is gaming the market for his own benefit. Cramer tries to have his infantile mindless minions drive a stock price up which he then shorts. He tries to have the same mindless sychophants drive a stock down after he has sold so he can buy it back. If Oprah had any brains she would get in the game and recommend stocks the same way.

Overbought and Oversold Stocks That Typically Reverse at Similar Levels

There is nothing significant about a 50 day moving average. In fact, a 50 day MA represents, merely, what was happening with the price TWENTY FIVE DAYS AGO. Further, standard deviations have meaning ONLY with data that is independent and "normally" distributed. Stock prices are irrefutably NOT independent. This sort of "analysis" only reinforces the dictum: "When your only tool is a hammer; all the world's a nail".