"Cramer pushed MCD @ 99 and SNY @ 38 Now he recommends that you wait to buy MCD @ 80. Do you think he might apologize for his predictions?"
It amazes me that so many investors worship the guy.
Check out this piece I read online re Greece. In particular, this paragraph:
"There would be bank runs across multiple countries," he predicted. "Citigroup, for example, may not be exposed to Greece, but it may be exposed to Portugal, Spain, France. ... It may be exposed to a company that's exposed to France, or exposed to exports to EU."
Its still about a litte less than the center of 52 weekrange and the market cycle is against us now ( sell in may and go away)and it went ex div. After oct well be out of this sell in may thing.With all the ero stuff and the electics come up I thing the stock price is hanging pretty good.