On today’s STOP TRADING segment on CNBC, Jim Cramer said he’s toying with a Fed that gave you nothing. He doesn’t know whether to sell in May or Hang Himself. He said that he was wrong about the May rate cut even though the retail numbers tomorrow will be weak. Cramer is refuting that the Cisco (CSCO) conference call was bad. He said Chambers was not being negative and the negativity on the street today is just wrong. If things were so bad then companies would be acting differently and he still thinks the 14,500 DJIA target by year-end is doable.
Jon C. Ogg
May 9, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in any of the companies he covers.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
