Cramer reflects on market peaks

[aaron]

I think he makes a lot of sense through the first 80% of the video. But, if Cramer is speaking gloom... I think we need to be careful.
A) It is true.
B) "They" want us to believe it is true.

I have seen a lot of brand new (foreign) cars in my neck of the woods. Perhaps the strong dollar is only hurting the F and GM. A Lexus can be discounted 10% and it would still be profitable to the Japanese parent company.

[goadam1]

Re: Cramer reflects on market peaks

Maybe the strong dollar and dropping oil prices is part of our war with Russia, Iran and rogue Islamic semi nations who are all oil revenue dependent.

[Fox]

Re: Cramer reflects on market peaks

Everyone remember his freak out when the financial crisis hit?

I think that hit home with Cramer (if not him personally then friends). I think he's learned a bit of humility from having his cheer leading two bubbles that blew up in his face

He doesn't want to have people coming up to him this time "Hey! You told us to buy the dips!"

3rd Quarter squaring is done. Now let's see what opening brings

edit ----
and down she goes from open to close, ending no less on a small spike down as the "Smart money" cashes out. Personally I don't think this is the beginning of the end yet, but you never know. It doesn't take many cards to bring down the entire house.

In either case, I think it's time to sell the spikes.

[aaron]

Re: Cramer reflects on market peaks

Maybe the strong dollar and dropping oil prices is part of our war with Russia, Iran and rogue Islamic semi nations who are all oil revenue dependent.

That is a possibility. A shooting war would not be good for economic stability, and the FED would probably help prevent such a disaster.

I like the idea. You "hurt" the oligarchs and make food more affordable for the poor.