Cramer Believes in ...
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Forgive this jaded retail investor at casting a curious eye towards the markets
action, news flow, and commentary over the last 72 hours. Euphoria to despair,
and then back to euphoria again?
The whole thing looks pretty staged.
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If it was staged, why don't you make money on what you observe?
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Fitzpatrick never told any SMM members that a trend had been broken. In fact,
today's action, he said, would be quite different than yesterday's. He also said
that SP500 had not broken through 50 day moving average. Trend was still in tact
as fas as he was concerned. He's very level-headed.
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i agree,,how quickly eveyone has done a 180 ,'i think u should sell here"
the trend is broken"quoted yesterday by just about everyone. and today it u
have to buy buy buy ,this rally is to strong.s and p 15000 here we come!!!! all
it took was the gov. proping up the GDP nuber just like china does.
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The news flow is going to be up and down on a daily basis, and sometimes even on
a minute by minute basis. It should almost be ignored. The thing to pay
attention to is that we are in a bull market with a few hiccups along the way.
It's not staged, just a normal market reaction.
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