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Cramer on BloggingStocks: A monumental run |
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| Oct 19, 2009 02:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Apple Inc (AAPL), Market matters, International Business Machines (IBM), Gap Inc (GPS), Cramer on BloggingStocks TheStreet.com's Jim Cramer says that from a chart perspective, this could be about the greatest bull market in history. Chart to chart to chart this weekend and all I see, except for a couple of health maintenance, medical device and drug companies plus some fertilizer stocks, is just a remarkable and, yes, unheralded run in every single group. Some of them are of the pure recovery style: every oil and gas, now including refinery, as the crude price inches back to $100 and natural gas has started its way back up; the life insurers that were left for dead when we decided that all commercial mortgages would be destroyed taking them with the bad loans; the overly-indebted companies like Textron (NYSE: TXT) (Cramer's Take) that have roared back without any real support from anyone. But others are just monumental. Anything paper or wood or glass. These aren't quitting. Continue reading Cramer on BloggingStocks: A monumental run Cramer on BloggingStocks: A monumental run originally appeared on BloggingStocks on Mon, 19 Oct 2009 09:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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