Friday, May 19, 2006
Real Money Blog
Poor Planning Will Feed Energy Rebound
05/19/2006 12:57 PM
In this article, Cramer cites Congress' failed attempt to allow offshore drilling as catalyst to stay in oil. Also, he believes natural gas inventories will be burned off "after the first warm week in the summer. "
To sum it up: Cramer feels this country is not serious about energy. Therefore, oil will contine to afflict us.
Cutting and Running Is Wrong! Here
05/19/2006 12:44 PM
In this article, Cramer tells his readers not to cut and run. He exclaims: "every time I have ever done that, it has been wrong. Every time. That's the most consistent Wrong! thing I have ever done."
He advises to sell one or two stocks that are really killing you and support your best stocks.
Cramer exclaims: "Losers being companies that aren't doing well, not stocks that are faltering."
Finally, Cramer advises to buy and walk away. Go for a walk.
He sums it up: "Even after you bought stock on the worst day ever to buy, the day before the crash of 1987, you were up nicely one year later. "
05/19/2006 12:57 PM
In this article, Cramer cites Congress' failed attempt to allow offshore drilling as catalyst to stay in oil. Also, he believes natural gas inventories will be burned off "after the first warm week in the summer. "
To sum it up: Cramer feels this country is not serious about energy. Therefore, oil will contine to afflict us.
Cutting and Running Is Wrong! Here
05/19/2006 12:44 PM
In this article, Cramer tells his readers not to cut and run. He exclaims: "every time I have ever done that, it has been wrong. Every time. That's the most consistent Wrong! thing I have ever done."
He advises to sell one or two stocks that are really killing you and support your best stocks.
Cramer exclaims: "Losers being companies that aren't doing well, not stocks that are faltering."
Finally, Cramer advises to buy and walk away. Go for a walk.
He sums it up: "Even after you bought stock on the worst day ever to buy, the day before the crash of 1987, you were up nicely one year later. "
