Jim Cramer is too funny...
March 19, 2010
– Comments (7) |
RELATED TICKERS: GCI
, MNI
You just have to read this.
I found this on CNBC's home page this morning:
Cramer: 8 Bull Markets Happening Right Now.
A whole new set of unexpected bull markets are rolling out, Cramer said Wednesday. Despite Washington’s pressure on Wall Street and the slowdown in China, some stocks seem to being quite well.
“Sectors that have been left for dead are rising from the grave: media, cable, commercial real estate, housing, the regional banks, the drug stocks,” he said, adding autos and biotech too, “all groups the bears told us needed to be put out of their misery in 2010.”
First media, where Time Warner [TWX 31.07 -0.09 (-0.29%) ] and News Corp. [NWSA 14.05 0.03 (+0.21%) ] just reported two of the best numbers seen during this earnings period. And believe it or not The New York Times Co. [NYT 11.24 -0.10 (-0.88%) ] at one point today was an S&P 500 leader. Also, it looks like we’ve seen the genuine bottoms in Gannett [GCI 16.34 -0.06 (-0.37%) ] and McClatchy [MNI 4.6695 -0.1605 (-3.32%) ] , Cramer said. He thinks the sector is starting to get bullish.
MEDIA SECTOR IS STARTING TO GET BULLISH, you say Mr. Cramer.
No kidding...
I mean, I do appreciate you reading my blog and my posts about MEDIA SECTOR BEING HOT, but being 5 months late is, I think, a little bit unacceptable. Even for you, Mr. Cramer.
And the funniest thing to me is what you say about GCI: "Also, it looks like we've seen the genuine boottom in Gannet..."
Hellooooo, GCI was at $2 a year ago, and now when it's at $16 (700% later) you say "It looks like...". Funny, just real funny, Mr. Cramer.
However, I do have to give you credit for calling the bull market in the Regional Banks. I'm impressed you are only 2 months late on that one. Nice call, btw. I think I like you now even more than I did before...
p.s. Something tells me, 2-3 months from now, you'll make a call about the bull market starting in the Retail Sector... :)
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