| Author | Message | ||
     Mvssr75 Comedian Username: Mvssr75 Post Number: 1202 Registered: 05-2008 Posted From: 12.10.219.162 Rating: N/A |
I don't support Cramer for everything. But things in Europe looks very Shaky. They are fearining the "mad shorts" I hope thry come absob this shocks and be in the recovery path like US. But i agree with cramer in one point. in the Next few days we are going to see a dangerous fall... | ||
| Ashton Side Hero Username: Ashton Post Number: 3994 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
The U.S. must bailout Europe if that happens... I guess, get read to donate your tax money to Europe.. | ||
| Ashton Side Hero Username: Ashton Post Number: 3993 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://www.cnbc.com/id/37233453 This man is seriously dumb and dangerous, im surprised people still take his advice on cnbc. If we don’t see total capitulation in Europe over the next two days, Cramer said during Wednesday's Stop Trading!, investors may have to admit that the Continent is “merely” suffering a downturn. Because the repercussions from the expectations of a collapse, which have fed the negativity in the American markets and driven down stocks, can’t continue for much longer without it actually happening. Cramer said Europe’s debt woes have sunk price-to-earnings multiples here in the States, but to such levels that could only be justified by a Lehman Brothers-type event. If we don’t get that event, then American investors are going to have to readjust to a Europe that’s merely bad, one where austerity reigns, business slows and the euro continues to decline. As of yet, though, nothing he has seen justifies that “dramatic” drop in PE ratios, which means that stocks just might snap back. "Something bad has to happen soon," Cramer said. "Or else [the US] market’s going to go higher." |
