Monday, July 17, 2006
Real Money Blog
No Conviction in Tech
07/17/2006 3:02 PM
In this article, Cramer cites the bear market in tech stocks and suggests "unless you get to eight to 10 times earnings for the stocks, they can't be owned. Even then they might not be able to be owned."
Moreover, Cramer highlights weakness in AMD, QCOM, NOK, DELL, CSCO, BRCM.
Also, he concedes "it's been a disaster of immense proportions to try to bottom-fish."
Bottom line: Cramer believes the short sellers will press the market until Fall.
How to Trade Boeing in a Tough Market
07/17/2006 2:39 PM
In this article, Cramer describes the herky jerky trading and BA and says: " I don't like it when stocks bounce like this. It could make you wrong very quickly, which is gut-wrenching in this tape."
Bottom line: Cramer likes BA long term. He suggests buying small increments on dips.
Growth Appreciation at Commerce
07/17/2006 1:16 PM
In this article, Cramer touts CBH and its CEO Vernon Hill. He cites the stocks steady decline and attributes it to short seller who have an "agenda is set by those who want it lower, not higher."
NOTE: Cramer seems to be pandering to CBH.
07/17/2006 3:02 PM
In this article, Cramer cites the bear market in tech stocks and suggests "unless you get to eight to 10 times earnings for the stocks, they can't be owned. Even then they might not be able to be owned."
Moreover, Cramer highlights weakness in AMD, QCOM, NOK, DELL, CSCO, BRCM.
Also, he concedes "it's been a disaster of immense proportions to try to bottom-fish."
Bottom line: Cramer believes the short sellers will press the market until Fall.
How to Trade Boeing in a Tough Market
07/17/2006 2:39 PM
In this article, Cramer describes the herky jerky trading and BA and says: " I don't like it when stocks bounce like this. It could make you wrong very quickly, which is gut-wrenching in this tape."
Bottom line: Cramer likes BA long term. He suggests buying small increments on dips.
Growth Appreciation at Commerce
07/17/2006 1:16 PM
In this article, Cramer touts CBH and its CEO Vernon Hill. He cites the stocks steady decline and attributes it to short seller who have an "agenda is set by those who want it lower, not higher."
NOTE: Cramer seems to be pandering to CBH.