Cramer Believes The Market Has Bottomed
After the huge ups and downs in today’s market Cramer went on the record and told viewers that he believes the market has bottomed. He went on to say that in such an environment he expects there to be a huge sell off in the upcoming trading days…do you have cash ready on the side? You should.
The stocks to look at in such an environment are those stocks that have recently beat the street when they reported, yet the market was so beaten up that these stocks didn’t get the recognition that they deserved. Cramer advises looking at IBM and DuPont (DD).
Socialize
Pretty bullish prediction. Whatever the end result, there should be some pretty good steals for the next few weeks perhaps longer. Unfortunately my spare cash is gonna have to go for another new ride!! LOL
T
Cramer may be right. It is always hard to know when there is enough blood in the street but at this point I think the selling has been severely overdone
[…] Make Mad Money Work is a blog that follows Jim Cramer’s Mad Money show on CNBC. What I found interesting in the show recaps is that Cramer believes that the market has bottomed out and it’s time to buy… Read what Cramer recommends. […]
I don’t think so :). Jamy