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Cramer on BloggingStocks: Any downside should now be muted

 Dec 01, 2008 01:34 PM UTC
Return Risk
+1.30% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
RIMM Positive 12/01/08 +56.40% 10/06/09
GM Positive 12/01/08 n/a --
GLW Positive 12/01/08 +73.33% --
INTC Positive 12/01/08 +3.42% 12/08/08
AAPL Positive 12/01/08 +1.59% 03/12/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Apple Inc (AAPL), Intel (INTC), General Motors (GM), Market matters, Corning Inc (GLW), Research in Motion (RIMM), Stocks to Buy, Cramer on BloggingStocks


TheStreet.com's Jim Cramer says seasonality is finally working in our favor.

Here's a new one: I don't trust the futures, but this time on the downside. We could get giant cuts from Europe and the Brits this week and given that it is international trade that is weighing us down, I would think that the declines we all expect after that record-breaking advance last week will not be vicious and will be muted.

I think that we have to watch the Nasdaq again for tells. I'm sure that this time some people will say that gadgets didn't sink as low as we thought on Black Friday, which means a return to big glass screens -- Corning (NYSE: GLW) (Cramer's Take) and Intel (NASDAQ: INTC) (Cramer's Take) -- and perhaps once again hopes for Apple (NASDAQ: AAPL) (Cramer's Take) and for Research In Motion (NASDAQ: RIMM) (Cramer's Take).

There is also a newfound expectation that with all the money the Fed is printing, if you get any sign that Europe is willing to play ball, you are going to see the world trade stocks moving back up.

Continue reading Cramer on BloggingStocks: Any downside should now be muted

Cramer on BloggingStocks: Any downside should now be muted originally appeared on BloggingStocks on Mon, 01 Dec 2008 08:34:00 EST. Please see our terms for use of feeds.

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