Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FEATURED SLIDESHOW


Current DateTime: 10:44:15 11 Feb 2012
LinksList Documentid: 44892814
  • Cramer's Best Dividend Picks

      In chaotic and difficult market environments, Jim Cramer recommends investors seek the protection of stocks with serious dividends.


Text SMS AlertGet stock and market information from Mad Money's Jim Cramer sent to your mobile phone.

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Text Size
Jun.02
8:27 PM ET
Tuesday, 2 Jun 2009

Cramer: This Is a Bull Market

Apparently, no positive data point, no sector turn, no change in circumstance of any kind is enough to change naysayers’ minds. The move we have enjoyed since early March is nothing more than a temporary pop in an otherwise terrible market.

Cramer disagrees, however. He has been bullish since Dow 6,500. He called the bottom at that level, he was right, and anyone who took his advice has made money. He also urged investors to at least partially cash out when the Dow was near 11,000, and he did so again at 10,000. Those who listened spared themselves losses up to 40%.

Those bears just can’t admit when they are wrong, Cramer said. They won’t admit they missed Goldman Sachs [GS  Loading...      ()   ] at $50. They won't admit they missed Morgan Stanley [MS  Loading...      ()   ] at $12. Nor will they admit that “quality stocks” didn't exist during the depression we saw last fall. Pfizer [PFE  Loading...      ()   ]? Citigroup [C  Loading...      ()   ]? Merck [MRK  Loading...      ()   ]? These companies either failed to produce returns for their investors or worse, they cost those shareholders money.

Here's the takeaway: Viewers, investors, 401(k) holders, 529-plan contributors – everyone needs to block out the noise. This rally is real. If we suffer a pullback, which is possible, it will be a sell-off in a bull market, not validation of the bears. So don’t worry, Cramer said. We're headed higher.






Cramer's charitable trust owns Goldman Sachs.

Call Cramer: 1-800-743-CBNC

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2012 CNBC, Inc. All Rights Reserved



Current DateTime: 03:34:11 11 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 03:34:11 11 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 03:34:12 11 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 03:34:12 11 Feb 2012
LinksList Documentid: 29779199
CNBCCNBC
About CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  Contact
Privacy Policy  |     |  Terms of Service  |  Independent Programming Report
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC.  All Rights Reserved.
A Division of NBCUniversal
Thomson ReutersThomson Reuters