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Cramer on BloggingStocks: It's never quite as dire as it seems

 Aug 26, 2008 09:22 AM UTC
Return Risk
+1.30% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
WM Positive 08/26/08 +752.97% --
PG Positive 08/26/08 +0.46% 09/02/08
FRE Positive 08/26/08 -56.24% 08/11/09
RTP Positive 08/26/08 -76.36% 12/10/08
C Positive 08/26/08 -19.85% 10/08/08
LEH Positive 08/26/08 n/a --
FNM Positive 08/26/08 -80.07% 08/11/09
PEP Positive 08/26/08 -0.38% 09/02/08
LTD Positive 08/26/08 -12.35% --
GIS Positive 08/26/08 -1.21% 09/02/08
GM Positive 08/26/08 -47.28% 12/01/08
F Positive 08/26/08 -59.09% 02/12/09
AIG Positive 08/26/08 -98.08% 03/09/09
GPS Positive 08/26/08 +20.06% --
DKS Positive 08/26/08 +11.72% --
ANN Positive 08/26/08 -47.12% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: PepsiCo (PEP), Ford Motor (F), General Motors (GM), Market matters, Citigroup Inc. (C), Federal Natl Mtge (FNM), Gap Inc (GPS), General Mills (GIS), Procter and Gamble (PG), Amer Intl Group (AIG), Washington Mutual (WM), Limited Brands (LTD), Rio Tinto plc ADS (RTP), Lehman Br Holdings (LEH), Stocks to Buy, Cramer on BloggingStocks

TheStreet.com's Jim Cramer says that even in lousy markets -- and this is one of them -- you can find stocks to buy.

When nothing's working, something's working. I know sounds counterintuitive. but there is simply no reason to think, as bad as this market is -- and it is really, really bad -- that there isn't something to buy.

We are gripped by the fear of the remaining black holes -- Ford (NYSE: F) (Cramer's Take), GM (NYSE: GM) (Cramer's Take), Fannie (NYSE: FNM) (Cramer's Take) and Freddie (NYSE: FRE) (Cramer's Take), AIG (NYSE: AIG) (Cramer's Take), Lehman (NYSE: LEH) (Cramer's Take), WaMu (NYSE: WM) (Cramer's Take) and Citigroup (NYSE: C) (Cramer's Take) -- and we all know it. They are not convenient whipping boys. They are the Seven Deadly Stocks, and they aren't going away.

But are they really hurting General Mills (NYSE: GIS) (Cramer's Take)? Can see sell Procter & Gamble (NYSE: PG) (Cramer's Take) because of them? After we know the price increases are all baked in? And don't hit me with that strong-dollar stuff, because GIS doesn't have that much overseas exposure. Same with Pepsi (NYSE: PEP) (Cramer's Take): This is a national company with an international arm that is generating oodles of cash and doesn't have as much bad commodity exposure as it did a few months ago.

Continue reading Cramer on BloggingStocks: It's never quite as dire as it seems

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Newsmonkey
newsmonkey   71%     1 point   commented 437 days ago reply

Kramer, as long as you are just doing short term trading...nice call. If you think this is over I think you are truly MADD. Ring the register and sell. You are dancing on the blades of a cuisinart one misstep and you are going to be sliced and diced. I think you are being borderline irresponsible recommending to a bunch of retail investors to buy this stock!
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Newsmonkey
newsmonkey   71%     1 point   commented 437 days ago reply

Cramer I have gone through your list and I must admit that I think you have truly lost it. I don't think I have ever disagreed with someones entire list. Buy GM- LOL, how could you possibly think GM is a buy? Buy AIG? not with your money. FNM- who needs to raise billions of dollars. You must be kidding either that or you got a tap on the shoulder telling you to be bullish or you were out of a job. Come on Jim you are much smarter than this! You are going to get a bunch of mom and pops hung in stocks that are far more likely to implode than rally. Sure you will get short squeeze pops but you gotta know that the entire financial sector is on the verge of imploding. Instead of telling people to stop trading you should tell them to stop listening!
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Newsmonkey
newsmonkey   71%     1 point   commented 426 days ago reply

Wrong again Cramer! It was absolutely as bad as it seemed. In fact, it was worse. It was a great call, however, buying that bounce but like I said at the time you called it, you won't get anyone out of the position before it turns and you are going to wind up getting hammered. Your viewers should stop listening to you!
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Godathiscomputer
Andrew Jewell   83%     1 point   commented 425 days ago reply

this moron is a GIANT DUMBASS, I'd called this 18 months ago

http://www.socialpicks.com/ideas/show/14481
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Newsmonkey
newsmonkey   71%     1 point   commented 423 days ago reply

Cramer, You have proven to be everything I expected you to be....except worse. How many mom and pops investors did you bury with your latest....It isn't as bad as it seems comment. You would have been better off quoting Chairman Mao who said "it is always darkest before it is totally black"
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Img00021
Al   77%     1 point   commented 381 days ago reply

I see that Cramer has been looking at my portfolio. I agree buy on weakness, sell on strength. I learned this from my Tia Chi training.

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