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Jim Cramer Return Risk +2.42% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed AA 10/08/08 +61.43% 03/09/09 C 10/08/08 +92.68% 03/09/09 MET 10/08/08 -9.32% -- Via BloggingStocks:   Filed under: Market matters, Citigroup Inc. (C), Alcoa Inc (AA), Stocks to Sell, Federal Reserve, Cramer on BloggingStocks, MetLife Inc. (MET) TheStreet.com's Jim Cramer says you can use the bounce today to sell names with earnings troubles. A suggestion: If you know that your company has earnings problems, you are going to get a lift today that will allow you to get out at a better price. What do I mean about earnings problems? Let's consider Alcoa (NYSE: AA) (Cramer's Take). That was a dismal quarter. The stock would not be up if it weren't for the rate cuts. Or how about the financials? We learned last night that MetLife (NYSE: MET) (Cramer's Take) needed a lot more capital. We have to presume all insurance companies need more capital. So get ready or sell and buy lower. Citigroup (NYSE: C) (Cramer's Take) is in the same boat. It is not going to have a good quarter and it needs to do a capital raise. You are going to get a terrific opportunity to sell today. I also feel the same for most retailers. We have to be very careful here because unless you are in a retailer that picks up share in hard times, you need to use the strength to sell. What can be held? I think that you can keep the stocks with good dividends that are able to pay them. You can certainly buy stocks that are trading near their cash. Continue reading Cramer on BloggingStocks: The cut lets you fold the weak hands Permalink | Email this | Comments   Read the rest of original post »

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