Monday, June 19, 2006
Real Money Blog
Bulls Still Out in the Woodshed
06/19/2006 3:37 PM
In this article, Cramer cites today's selloff and attributes it to margin selling and a potential retest of the lows.
He exclaims: "We also have this endless margin call going on that we had two days off from. Who keeps selling this stuff? Who was that wrong? Who is that much of a reckless idiot?"
Bottom line: Cramer says: "But I respect the downside and I think that we should not give up on this market. Not by a long shot."
Market Still Takes a Strong Stomach
06/19/2006 2:56 PM
In this article, Cramer believes margin sellers are pressuring the market lower.
Moreover, he claims he would be buying calls on stocks like AL, if he were allowed to in his AAP portfolio.
Finally, Cramer cites extreme weakness in the oil sector and suggests they are bargains. However, considering the recent volatility, he says they are for those with "strong stomachs."
He exclaims: " I simply don't believe this commodity is going to collapse. It should have already, like the other commodities."
Take Texas Instruments Over Intel
06/19/2006 1:26 PM
In this article, Cramer suggests buying TXN, instead of trying to time a bottom on INTC.
Bottom line: Cramer likes TXN for its flat screen t.v. exposure and cell phones.
06/19/2006 3:37 PM
In this article, Cramer cites today's selloff and attributes it to margin selling and a potential retest of the lows.
He exclaims: "We also have this endless margin call going on that we had two days off from. Who keeps selling this stuff? Who was that wrong? Who is that much of a reckless idiot?"
Bottom line: Cramer says: "But I respect the downside and I think that we should not give up on this market. Not by a long shot."
Market Still Takes a Strong Stomach
06/19/2006 2:56 PM
In this article, Cramer believes margin sellers are pressuring the market lower.
Moreover, he claims he would be buying calls on stocks like AL, if he were allowed to in his AAP portfolio.
Finally, Cramer cites extreme weakness in the oil sector and suggests they are bargains. However, considering the recent volatility, he says they are for those with "strong stomachs."
He exclaims: " I simply don't believe this commodity is going to collapse. It should have already, like the other commodities."
Take Texas Instruments Over Intel
06/19/2006 1:26 PM
In this article, Cramer suggests buying TXN, instead of trying to time a bottom on INTC.
Bottom line: Cramer likes TXN for its flat screen t.v. exposure and cell phones.
