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FMC Technologies, Inc. Message Board

  • star1.rm star1.rm Jan 11, 2008 8:54 PM Flag

    Cramer Effect Almost Over

    I sold this stock one day before Cramer pumped it, and I'm extremely glad I did.

    I personally feel that this stock now back below 60 is enticing but if you look at other Cramer pumped stocks like DSX and SIGM...there seems to be no bottom. He was liking FSLR at 280 and WFR at 90. Although he was dead right in continuing to pump Ag, he did not put caution in solar.

    But I would like to see some flattening in FTI's chart before buying. NOV, RIG, ATW, FTI, HP, and other oil stocks all had failed breakouts. It might take a little awhile before they try again.

    I would just buy 25% of your intended position now and wait until after options expiration to buy the rest.

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FTI
27.00+0.26(+0.97%)May 27 4:01 PMEDT