Cramer on Bears in the Press

How WRONG can you get?

That's the question most traders ask about the way the press has covered the greatest bull market in history. As a hedge fund manager, running $220 million, I know that to be on the wrong side of the market for too long is nothing short of catastrophic to my business. Yet, today's papers are typical of the wholesale lack of acknowledgment that a great bull market is going on.

The closest The Wall Street Journal could come to giving the outrageous rally we had last week its due is an Abreast of the Market column entitled "Bullish Market has Some Investors Sweating," in which Suzanne McGee has rounded up some of Wall Street's reigning bulls, notably Merrill's Chuck Clough, Goldman's Abby Joseph Cohen and Gruntal's Joe Battipaglia--a personal favorite of mine from his accurate CNBC sessions--and dressed them as bears to put a fright into us all. Please. Halloween was weeks ago. ...