Tuesday, September 20, 2005

 

Oceania has always been at war with Eurasia

A lousy day for my portfolio: down $2,100. To add salt to the wound, OUTL (a stock I recently sold) surged 30 percent on a great earnings report.

Did anyone notice that Orwellian moment during yesterday's episode of Mad Money when Cramer declared that the housing bubble has popped? Wasn't this the same Cramer that was telling viewers earlier this year that there was no housing bubble (they're landbanks I tell ya). Well, at least now we know why Cramer was such a successful hedge fund manager.

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