Why I Can't Stand Cramer

This is what he said yesterday.

Gird yourself for more disappointment

Just presume it will go down. Presume that the companies that report good numbers will get hurt and the companies that report bad numbers will get destroyed -- just like last week. Presume that we are going into a slowdown and that last year's market is over.

Here's what he is saying today.

Silence of the bears

One of the most annoying things about those who are negative about the market is that after you have a 3% to 5% correction, they are right into your mailbox with charts and graphs and times and dates for when they told you we were going to be at a high and that we would go much lower. "There, there, I told you so," they say. As if they don't sound like children, frankly.

In my opinion, he's a preachy holier-than-thou short-term rear-view-mirror looking hypocrite.

From 2006...



From 2000...

Winners of the New World

A-ha, that just leaves us with tech. That's why we keep coming back to it. That's why, despite the 80% increase in the Nasdaq last year, we are looking at another record year now. It is by that process of elimination that I have picked my top 10. And my next 10 and my next 10 after. Only those companies are worth owning. The rest?

You can have them.