Fascinated by Apple
I have a pet peeve. It's when you hear someone say something like, "If it wasn't for IBM being down 10 bucks today the Dow would be up 90 points." Isn't that the ultimate in rationalizing an indicator?
If you want to say the market acts well considering IBM's lousy action, then go right ahead because that would be the truth. What really annoys me is that we never hear them say, "If it wasn't for IBM's 10 point rally the Dow would be down 90 points."...412 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
