Tuesday, August 4, 2009

Instead, what we have are a horde of negative Nellies and negative Nancies,” Cramer said, who “can’t stop criticizing this move.”

Some are doing it intentionally. They’re the money managers who stayed in cash for too long and now are scrambling to buy stocks. They don’t want to pay up, though, so they’re spreading as much doom and disorder as they can to scare other people out of the market. Sell-offs, of course, bring prices down, and that’s just what these guys want.

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