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Cramer on BloggingStocks: Can't trust a market too good to be true |
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| Oct 06, 2009 02:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Google (GOOG), Apple Inc (AAPL), Market matters, JPMorgan Chase (JPM), Research in Motion (RIMM), Goldman Sachs Group (GS), QUALCOMM Inc (QCOM), Oil, Stocks to Buy, Cramer on BloggingStocks TheStreet.com's Jim Cramer is not convinced that what was bad a week ago has suddenly turned good. Feels almost too good to be true. Once again, did we dodge the more than 3% to 5% decline? Once again have we put the trouble behind us? Did we have just enough October scare to inoculate? I remember a week ago thinking there weren't enough "October's the roughest month" articles perhaps because those who wrote the "sell in May" and "sell in September" pieces felt chastised. I thought that the word had come from editors on high-stop being so bearish already. But then by Thursday we were all well aware of the power of Rocktober and next thing you know people were whispering crash by Friday. Continue reading Cramer on BloggingStocks: Can't trust a market too good to be true Cramer on BloggingStocks: Can't trust a market too good to be true originally appeared on BloggingStocks on Tue, 06 Oct 2009 09:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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