I never understood the huge aura around Cramer. I don't understand how people are so attracted to a guy who yells and screams and acts like a 10 year old, and actually follow his advice. I only think it's because people are looking for someone to tell them what to do. Why not get a full service broker? He would probably cost just as much if not less than trading every day with Cramer.
That's all Cramer is: stock goes up, recommend it. Stock goes down, say to sell it. Buy high, sell low. And people listen to him like he says anything good.
thought we would get onto the path to the fibo retracement level of 38.2% (stock price $35.85), but that level keeps dropping everytime we get a new low, still don't think we have hit the bottom yet, if we close below $26 then low $20's starts blipping on the radar then
CAPITULATION CAPITULATION...you will know it when you see it. Keep an eye open for a HIGH volume day, that should be the key.