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Cramer: "A True Bull Market"

Espaço dedicado a todo o tipo de troca de impressões sobre os mercados financeiros e ao que possa condicionar o desempenho dos mesmos.

por atomez » 10/1/2011 19:53

Bom argumento.
As pessoas são tão ingénuas e tão agarradas aos seus interesses imediatos que um vigarista hábil consegue sempre que um grande número delas se deixe enganar.
Niccolò Machiavelli
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Cramer: "A True Bull Market"

por Ulisses Pereira » 10/1/2011 19:47

"A True Bull Market"

By Jim Cramer
RealMoney Columnist
1/10/2011 1:15 PM EST


"Boy, people keep fighting it. They don't get it. They don't understand that we are in true bull market mode, not some endless short-squeeze or moronic buying fantasy. How can you tell?

Apple (AAPL - commentary - Trade Now).

Look at this stock. Again and again, this stock keeps going higher on this Verizon (VZ - commentary - Trade Now) so-called news. When I left the office, Apple rallied 3 points in after hours. I thought, Holy cow, how could it still go up on the worst kept secret in the world?

I figured that when the deal finally came out, Apple would have to pull back. I still think it is possible, but in a real bull market, we gain adherents, not lose them. We get new buyers coming in. We get people who are excited about something that should have been discounted.

Or with the autos. Look at Ford (F - commentary - Trade Now) and General Motors (GM - commentary - Trade Now). They are going up now on new models and on Car & Driver-like positive reviews.

And in true bull market fashion, stocks can stage intraday turnarounds. This morning at 4:30 a.m. EST, this market looked like a nightmare. I was scrambling to find out what was wrong -- bond auction in Europe -- but by the time that "crisis" really hit home, the news was regarded as a chance to get in (or I should say just one more opportunity to get in).

Plus, this market accentuates the positives and eliminates the negatives. Wells Fargo (WFC - commentary - Trade Now) gets downgraded by a major firm, and it doesn't get hit that hard and it has no pin action to Bank of America (BAC - commentary - Trade Now). Extraordinary.

These are remarkable signs of strength that are overlooked every day because I think people forget -- and who can blame them after more than 10 years in the wilderness? -- what true bull market behavior looks like.

Very encouraging.

At the time of publication, Cramer was long AAPL, GM and BAC. "

(in www.realmoney.com)
"Acreditar é possuir antes de ter..."

Ulisses Pereira

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