Expanding on a tweet in which he called the market moves "," Cramer said that big surges by major stocks were unlike anything he had ever seen but were substantially different than the tech bubble of the late 1990s.
"Insanity does not mean it's over. Insanity just means can we please just stop comparing it to 1999, because in 1999 a lot of really bad companies gained a lot of market cap. Here, a lot of unbelievably great companies are gaining market cap at a pace that you've got to give them a speeding ticket," Cramer said on "
1999
Yup this for sure is not like 1999 at all. Zero rate is in command.
WS tries to pump up its numbers to support trump in 2020.Trump is the well known crook around this world. He wears the disgraceful record of 8 time bankruptcies to talk to public. WS is on his tracks.
No it’s worse!
Why not?
Speaking of crazy...tuesdayvibes
It's exactly like 1999.
Jim, it’s going to be the WILDEST ride of a lifetime, nothing that you would have seen coming . THINK outside of the box and listen closely to President Trump. He’s dropping clues left and right .... ( silver & gold hair is one of many )
You can't have it both ways jimcramer
Agree, 1999 we had 5% gdp growth and were running surpluses
There's only two kinds of people in this world: those that use other people's money to bet on the stock exchange and those that comment on them.
The stock market is like the lottery...only worse...
There is no point in comparing it to 1999 this will be much worse. Tech had the best quarter, now it goes downhill from here for next 3-4 years and with it the Nasdaq. But it will take few months for hallucinatuons to evaporate. By end of Q3, grab your heads in shock
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