Cramer Calls It Open Buying Season

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By Douglas A. McIntyre Updated Published
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On tonight’s MAD MONEY, Jim Cramer said he was taking away his "they know nothing!" button from his rant about the FOMC.  Now Cramer is saying the Fed has finally acted and now they can’t really be criticised because they now know.  He thinks this may avert a larger crisis.  Cramer said he wants you to tune out the people that say this rate cut didn’t matter, because this will be the first of many cuts.

He thinks you can buy almost everything now because almost everything will work now.  The sellers are basically done selling now.  If you want some of his idea lists, here are some:

  1. Here is his list of Top 9 Picks for 2007
  2. Here is his "New Four Horsemen of Tech"
  3. Here is his Mortgage Madness Portfolio
  4. Here are his numerous picks from the fantasy football stocks…
  1. Here are his Top China Picks
  2. Here are 10 of his Warren Buffet Stock Reviews, and a second group of them.

By the way, Cramer won a huge score with his "Mortgage Madness Portfolio" that performed so well today.

Jon C. Ogg
September 18, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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