Did you guys just hear CRAMER reference THE SCHNITZEL MAN on CNBC!!
He was talking about buying more stock of a company if it goes under $90 where his Charitable Trust would "Schnitzel some".
Is Cramer a SIRIUSBUZZ reader???.../ contributor
Last edited by denco1; 12-20-2013 at 07:34 PM.
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Looks like we got a nice Hammer on weekly chart. Very similar to the Hammer back in November 2012 that took us from a low of 2.55 to the recent high of 4.18...
Actually the 2012 Hammer was within a pullback in an uptrend that started at $1.80. This too seems to be a hammer in a pullback within an uptrend....
EDIT: This weeks Hammer meets all criteria for a Hammer as the wick is at least, and in this case more than 2 times the size of the real body. The November 2012 Hammer falls a couple of cents short of the wick being twice the size of the real body.....but did signal the reversal nonetheless.
Last edited by denco1; 12-20-2013 at 08:48 PM.
Denco....SLY...Red...thanks for the updated chart info...is this when the push towards the 4th qtr CC begins?
It's more like the run up to the connected car, imo
here is my chart, i cannot attach it darn
Sometimes, I wonder if Cramer IS the Schnitzelman.
Seriously, that is amazing and hysterically funny that he referenced the SM!!!!!!!!!!!!!!