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Jim Cramer Return Risk +2.19% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed PG n/a PH n/a GIS n/a Via BloggingStocks:   Filed under: Market matters, General Mills (GIS), Procter and Gamble (PG), Cramer on BloggingStocks From TheStreet.com Network Fifth Third Loss Lighter Than Expectations Banks to Get Briefed on Stress Tests: Report TheStreet.com's Jim Cramer says that before you buy into the conventional wisdom, you should consider these counter-arguments. Sometimes it pays to know the consensus thinking of the big boys, the smart boys who trade every day. So let's detail it before we critique it: 1. Someday the companies that report bad earnings are going to start going down again. This is the Parker Hannifin (NYSE: PH) (Cramer's Take) dilemma I keep alluding to, a company that skyrockets on terrible numbers no matter how you cut it. 2. The market will now recognize that the stress test is a big joke, everything's a phony, and the banks will fold again. Roubini's right; Geithner's a lightweight. Continue reading Cramer on BloggingStocks: The consensus view looks too gloomy Cramer on BloggingStocks: The consensus view looks too gloomy originally appeared on BloggingStocks on Fri, 24 Apr 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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