metron9
03-31-2008, 10:26 AM
Again we have Cramer pushing MRK just March 14th with a show featuring pharmaceuticals as the safe place to be.
MRK down 16% march 31st
SGP down 26% (he just reinterated a major buy signal last week too) and recommended it at $28.00 April 2007.
This morning again like clockwork CNBC has you guessed it, Cramer on to tell us what is going on in the drug stocks. He said at this point NOTHING but gold and commodities are working and he could not recommend any other sector to buy in the market. NONE.
Are we at a bottom then do you think?
MRK down 16% march 31st
SGP down 26% (he just reinterated a major buy signal last week too) and recommended it at $28.00 April 2007.
This morning again like clockwork CNBC has you guessed it, Cramer on to tell us what is going on in the drug stocks. He said at this point NOTHING but gold and commodities are working and he could not recommend any other sector to buy in the market. NONE.
Are we at a bottom then do you think?