Cramer’s calling a bottom. So you know it’s far from over! Every single indicator is terrible and now I’m starting to hear people say “flipping” and “bottom calling”. When sentiment turns up while the fundementals are still terrible… This is a sure sign that this is a completely false rally. You want to look for the opposite situation of fundamentals improving while sentiment is decreasing!!! Why dont people get this. It’s not rocket science! Buffett, Faber and Rogers cant shut-up about it and make fortunes on this simple concept.
Foreclosure’s rising, unemployment rising and now it looks like we’re headed for a global recession.
Check out Mr Mortgage’s latest comments.
The only guys that can make money in this environment are very professional. Dont try this at home!
