All indices were negative @ close but internals were healthy......
OE played a decisive role in PM tape.
Volume was low for OE & negative close....
By 10 AM Saturday..I will post a list of technically weak/strong/buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
3 comments:
HI Saleem,
Thanks for all your insightful help. I noticed that IBD, Warren Buffet and yourself are becoming more positive on the market. Why is it then Jim Cramer is pounding the table on NOT buying at this time? thanks again. Charlie
Hi Charlie,
Thanks for your kind words.
Jim Cramer is opinion driven and plays momentum.
Anybody who says.."do not buy stocks if you need money for next 5 years" has to be border line retard....
One must buy..if one is lucky to be able to buy near bear market bottom....
This IS an opportunity of a lifetime.....we have discounted DEEPEST recession already.
Warren Buffett & IBD are million times more knowledgeable & have great track record for world to see...than what Jim Cramer will ever be..he bats 2/10
Saleem
SALEEM
What truth statement about J the Cramer
He is just an entertainer--shill that strut and frets his stuff on the stage
Again well worded opinion, and great blog!!
this is indeed a buying opportunity of a life time
Cheers
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