Posted on 05/19/2010 1:59:41 PM PDT by blam
CRAMER: If You Don't Get A Lehman Brothers II In Europe In 48 Hours, Financial Stocks Will Go Up
Joe Weisenthal
May. 19, 2010, 2:41 PM
Image: CNBC
He just said to to Amanda Drury during his STOP TRADING segment.
"The market is prepared for Lehman II... and if you don't get a Lehman II, and all you get is a slowdown, our stocks may not be so horrible."
He specifically cited a 48-hour window for this to happen.
Otherwise, it's time to buy the financial stocks.
As for the risk from financial regulation, Jim Cramer says that's over. Dodd has sold out.
[snip]
(Excerpt) Read more at businessinsider.com ...
didn’t he also say to hang on to Bear Stearns a week before they crumbled?
More like ... “48 hours”.
What does it mean that “Dodd has sold out”? Has the bill been dropped?
Cramer is an idiot and you have a better chance of picking stocks with a dartboard-IMHO.
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