Filed under: Market matters, Cramer on BloggingStocks, Recession

TheStreet.com’s Jim Cramer snow’s not good for stocks, particularly coupled with other disturbing news.

When I was long and it snowed, I would always be worried: Would the bulls stay home? Would they defend their turf?

And when the snow happened on Friday I just figured my portfolio would be a free fire zone: What bull comes to work on a snowday? They take off. The rigor, the toughness, the never miss guys, they are all bears!

I actually thought like that. So, when I woke up and saw the snow I figured, oh yeah, this will be such an easy market to push down, there is so little going for it.

And that’s the real issue, isn’t it? Other than rate cut possibilities and some good numbers from companies that do a lot of business overseas, this market has nothing going for it.

Continue reading Cramer on BloggingStocks: Snow puts further freeze on bulls

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This entry was posted on Friday, February 22nd, 2008 at 4:37 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.