Cramer, late last week (prior to its passage), on health care reform:
First, it is the single biggest impediment to the stock market going higher.
As I write this (late Thursday morning), the market (S&P500) has tacked on ~1.3% so far this week, with healthcare, pharma, etc. — all the companies Obamacare was going to kill — chugging right along (I note a new 52-wk high on BMY).
Might it be:
A) That the market — forward-looking beast that it is — had already priced in health care reform?
B) That healthcare reform is not the dire economy-killer many made it out to be?
C) That Cramer is still the best contrary indicator in the history of mankind?
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