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Jim Cramer says to Bail, Boys, Bail. Jim Cramer says to Bail, Boys, Bail.
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Old 10-06-2008, 14:13   #1 (permalink)
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Post Jim Cramer says to Bail, Boys, Bail.
Bush: Financial rescue plan will take some time

“Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.”

When the Great Guru that told us Bear Stearnes was okay says to leave the sinking ship, maybe it's time to take to the lifeboats.
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Old 10-06-2008, 14:44   #2 (permalink)
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United States Re: Jim Cramer says to Bail, Boys, Bail.
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Originally Posted by Shooterman View Post
Bush: Financial rescue plan will take some time

“Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.”

When the Great Guru that told us Bear Stearnes was okay says to leave the sinking ship, maybe it's time to take to the lifeboats.
I watched him saying that... and my eyebrows went up... wayyyyyyyy up.

Our cousin Rusty, my brother, a stock trader by avocation for the past 15 years, pulled ALL his money out of stocks as of last Friday.
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Old 10-06-2008, 14:56   #3 (permalink)
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Post Re: Jim Cramer says to Bail, Boys, Bail.
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I watched him saying that... and my eyebrows went up... wayyyyyyyy up.

Our cousin Rusty, my brother, a stock trader by avocation for the past 15 years, pulled ALL his money out of stocks as of last Friday.
Mr Franklin Sanders, a trader in precious metals, has long advocated getting shy of any thing to do with paper. All paper, and any paper. Now it might be said, he is trying to sell precious metals, but so far, he has been pretty spot on.
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