There was nothing great or horrible about today. The only thing I can say is that the retards who told me to buy stocks at the open sure were wrong. I do not daytrade and anyone that was trading like this today has a lot of work to do to become a great trader/investor.

Now we have my column from 2/1/2008 (please re-read this column, if you have time):

Cramer has gone on the record as saying, “defense stocks are as strong as ever and as cheap as ever” If John McCain makes it to the White House he believes you want to be in the defensive stocks. Cramer’s list includes...

Cramer points out that it is time to get long stocks…here is his piece from RealMoney:
OK, this is really important, one of my most beloved indicators, the bull-bear ratio, has hit a level that simply means you cannot have a big hit to this market

After the huge ups and downs in today’s market Cramer went on the record and told viewers that he believes the market has bottomed. He went on to say that in such an environment he expects there to be a huge sell off in the upcoming trading days…

With all this talk about buying Best of Breed the question arises, what exactly does that mean? Best of Breed is a pretty simple concept if you break it down…it means that the company or stock that you are looking at is simple the best performing stock in that area or sector.

So, what exactly does trading around a core position mean? It is really quite simple. Trading around a core position is the idea of buying on the low and selling when the stock rises nicely.

We often here Cramer tell us to buy on a pullback. This poses the question, well what exactly constitutes a pullback? According to Cramer, a pullback is when a stock has fallen 8% - 10%.

Yes, it is true, today Cramer said technology stocks could be lost…WHAT? In this environment, he suggests sticking with companies that can make their numbers consistently…stocks like the tech giant Microsoft (MSFT)

One of Cramer’s finest moments of 2007 would have to be the Stop Trading segment when he goes off on Fed Chairman Ben Bernanke and crew. Check out the video under the More Cramer section of the blog.