Marty

Buffett and Cramer Agree: It's Time to Buy Stocks

People have short memories. Cramer's people got wiped out in the internet bubble. The CNBC chat boards discussed it for years til they buried the board. At the time, Cramer said Amazon.com was going out of business. I emailed that they were not , and would be one of the survivors. Later it became one of his four horseman of tech.

He recently (like 3 weeks ago) called a bottom. Anyone that backed up the truck had the truck fall on them.

Cramer is a smart guy, decent guy, and I dont think many people have his degree of market knowledge. However when things are in this type of mess following any "leader" could be disasterous. People were "playing the market" like the lottery and the "Fast Money" crew was even worse. Heck they were riding that clearly speculative bubble from stock to stock (the coal, the fertilizer the oil etc).

While this might be the time to invest, Cramer thought it was weeks ago as well. This might be the one time that surprises everyone and proved Cramer wrong yet again.

A credit induced liquidation for cash is not a usual market event.

We all hope it gets better, and I hope as this article states , better times are coming as per these two men.

Marty