Cramer Versus Cramer Again

I laughed, I cried, it was better than "Cats".

Cramer during tonight’s show offered a mea culpa to viewers: Despite the horrible effect he thought health-care reform was going to have on stocks, all the major indexes have held up since the bill passed on Sunday. In fact, barring today’s declines – and he didn’t think they were linked to health care – the market dipped for only about 20 minutes after Monday’s opening bell, then continued its bullish move upward.

Possibly even worse, Mad Money viewers who took Cramer’s advice missed a chance to buy that dip. He’d fully expected a pullback to follow the House’s yea vote, giving viewers a great entry point on any number of stocks. But that window of opportunity closed too quickly for most people. And investors who took profits before the vote never got the chance to get back in.

Jim Cramer wrong?  Gosh, that NEVER happens.  You know, except for all the times he's been laughably wrong about mostly everything over the last three years.  Housing market bottomed out in July 2009, remember that?  Dow 15,000, remember that?  No CRE meltdown, remember that?  Banks are stable, remember that?  It's not like Cramer's side gig at TheStreet.com is being investigated, right?

So what happened? Here are his 10 reasons why he missed the health-care call:

Allow me to save you some time. 

1. Jim Cramer doesn't know a goddamn thing about economics, but he's a hell of a scam artist.

Fin.