Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, March 24, 2010

Healthcare....

This time, Jim Cramer gets healthcare wrong

The "Mad Money" host said that if healthcare passed, stocks would tumble. Instead, the market hit a 17-month high


Like I've said, I can't stand CNBC.... I've had a few weeks of it.... and it's either get in a bell tower, or Get back to work...

The massive number of "Financial Pro's" who thought they had the genie in the bottle, betting on healthcare driving the market down. Was significant.....

It seems to me that these "Pro's" *wink wink.... Nudge Nudge* need to puke it up...

I don't know if that has happened or is going to happen.....

It just seems like they... Jumped on that MEME/Myth... and needed to take it in the ass.

I'm not catching CNBC... sentiment seems "Fairly Positive".... But I didn't see old Doug Kass puke, so it isn't perfect..... *who Knows*

this isn't an easy spot in the market, and we may need to see some action still...

REMEMBER... you can always catch the sell on the "Other side" A series of downbars... means.. a series of downbars.

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