Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 43.71

+4.5%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chip McVickar who wrote (30200)	3/17/2008 2:14:23 PM
From: dvdw©	Read Replies (1) of 206832

Hey Chip, im doing a study on RSI, can you fill me in... PS Did everyone see this? Oops - CNBC's Cramer Said 'Don't Move' From Bear a Week Before Collapse 'Mad Money' host drastically underestimated the investment bank's trouble surrounding the mortgage crisis. By Jeff Poor Business & Media Institute 3/17/2008 11:13:17 AM Hopefully your financial portfolio didn’t include stock in Bear Stearns, but it might have if you had listened to CNBC’s Jim Cramer. After it was announced March 16 that J.P. Morgan Chase & Co. (NYSE:JPM) was purchasing Bear Stearns Cos. (NYSE:BSC) for $2 a share, the stock plummeted over 80 percent at the open of trading on March 17. But, on March 11, Cramer told an e-mailer not to sell the beleaguered investment bank’s stock on his show’s Web site: “Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? --Peter Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next