Monday, July 10, 2006
Real Money Blog
Unprotected Stocks Are Sitting Ducks
07/10/2006 3:15 PM
In this article, Cramer boldly exclaims: "If your company has a high-price-to-earnings multiple, and you don't have dividend protection or a buyback program, you are simply history in this market."
Furthermore, he believes these stocks are "sitting ducks" and will continue to be pressured-- until market sentiment changes.
A Short-Seller's Dream
07/10/2006 3:05 PM
In this article, Cramer suggests U.S. investors get sucked into buying stocks after seeing strength in Asian and European markets-- only to get hammered by shorts.
He exclaims: "Meanwhile, the Nasdaq is a short-seller's dream. You can pressure that thing down with Nasdaq 100 Unit Trust sales and just watch the decline, as you join in and accentuate the pain."
Furthermore, Cramer sounds increasingly bearish comparing this market to 2000, then conceding " "You simply have to let this market come down. The Nazz, for example, just took out the pre-Fed low."
Bottom line: He believes the market is not oversold and the "NAZZ" needs to come down some more.
The Tech Fire Sale Is Overblown
07/10/2006 2:45 PM
In this article, Cramer cites weakness in QCOM, AAPL, BRCM, MRVL, MOT, GLW and feels the market views the above mentioned companies as "valueless."
Furthermore, he blames the recent rech slide on MSFT delay of Vista and MMM's earnings warning.
He exclaims: "I know that getting in front of tech right now is like getting in front of a freight train. It's too hard."
Finally, he feels buying CTXS, NTAP and BRCM may pay off in the long run.
07/10/2006 3:15 PM
In this article, Cramer boldly exclaims: "If your company has a high-price-to-earnings multiple, and you don't have dividend protection or a buyback program, you are simply history in this market."
Furthermore, he believes these stocks are "sitting ducks" and will continue to be pressured-- until market sentiment changes.
A Short-Seller's Dream
07/10/2006 3:05 PM
In this article, Cramer suggests U.S. investors get sucked into buying stocks after seeing strength in Asian and European markets-- only to get hammered by shorts.
He exclaims: "Meanwhile, the Nasdaq is a short-seller's dream. You can pressure that thing down with Nasdaq 100 Unit Trust sales and just watch the decline, as you join in and accentuate the pain."
Furthermore, Cramer sounds increasingly bearish comparing this market to 2000, then conceding " "You simply have to let this market come down. The Nazz, for example, just took out the pre-Fed low."
Bottom line: He believes the market is not oversold and the "NAZZ" needs to come down some more.
The Tech Fire Sale Is Overblown
07/10/2006 2:45 PM
In this article, Cramer cites weakness in QCOM, AAPL, BRCM, MRVL, MOT, GLW and feels the market views the above mentioned companies as "valueless."
Furthermore, he blames the recent rech slide on MSFT delay of Vista and MMM's earnings warning.
He exclaims: "I know that getting in front of tech right now is like getting in front of a freight train. It's too hard."
Finally, he feels buying CTXS, NTAP and BRCM may pay off in the long run.
