Cramer on BloggingStocks: Investors are rethinking their snap judgments - Jim Cramer

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Cramer on BloggingStocks: Investors are rethinking their snap judgments
Nov 10, 2009 03:00 PM UTC

Jim Cramer

Return	Risk
+2.00%	MID

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Symbol	Sentiment	Start	Return	Closed
CY	n/a
INTC	n/a
GS	n/a
HD	n/a
JPM	n/a
MOT	n/a
CSCO	n/a
LOW	n/a
IBM	n/a
HPQ	n/a
MSFT	n/a
DELL	n/a
AAPL	n/a
WHR		11/10/09	-2.10%	--
NVDA		11/10/09	-1.22%	--

Via BloggingStocks:

Filed under: Microsoft (MSFT), Apple Inc (AAPL), Cisco Systems (CSCO), Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Home Depot (HD), Motorola (MOT), Market matters, International Business Machines (IBM), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Lowe's Cos (LOW), Cypress Semiconductor (CY), Stocks to Buy, Cramer on BloggingStocks

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TheStreet.com's Jim Cramer says that as numerous stories are mulled over anew, the reasons for selling seem silly.

The lack of important data today forces market participants to revisit stories that got tossed out over the last few weeks simply because of earnings ennui. People are now doubling back to see what they have forgotten, or more important, why they sold certain stocks they most likely shouldn't have.

For example, why did JPMorgan (JPM) (Cramer's Take) go from $47 to $44? Bad loans? Credit quality? No, not really. Nothing like that. Why did Goldman Sachs (GS) (Cramer's Take) go from $192 to the $170s? Some of it was Meredith Whitney, but there is also a sense of entitlement that makes the firm hated, as if somehow it is too much of a pariah to invest in.

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Cramer on BloggingStocks: Investors are rethinking their snap judgments originally appeared on BloggingStocks on Tue, 10 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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