I went back to see what Cramer has said over this correction.
July 20th - "Today We Sell". In hindsight, a brilliant call. He did temper it by saying we'd still be at 14.500 by year-end. But I know I wish I had sold July 20th.
July 23rd - Safety in SanDisk. Cramer makes the argument that tech will be immune from downturn. Down about 10%, I think tech has been hit harder than Cramer intimated.
July 24th - "Pepsi Refreshing in Downturn". Superb call. Up about 3%. A rock in turbulent seas.
July 25th - "PC Cruisers, HP and DELL" Again, pretty good advice as they have not been trashed like MFI stocks.
July 26th - "Shelter from the Storm" He comments we're no where near the bottom. He recommends selling CFC (hard for him to do as I think he knows the CEO well). He also says to sell if company is almost entirely domestic and to sell if company is dependen on borrowing money. Again, he was quite correct.
July 27th - "Antidotes to Sell Off" Cramer listed good stocks for these tough times: PEP, K, NCX, SGP, CELG and EMC. Again all-in-all good advice. Finally BA and LMT. BA is off about 10% and LMT is down about 5%.
July 30th - "Doomesday Scenario" He says diversified portfolio for Doomsday is K, KMB, CELG, MHS and SLB. Again, pretty solid advice.
July 31st - "Wild About Defense". Mentions ATK, which is up about 3% since then.
Friday, August 17, 2007
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