Stocks Cut Losses: Is It a Near-Term Bottom?

Gold and Yen: the only gainers when all else goes down!

any comments about VLO?

when Jim Cramer says SELL its time to BUY

Wonderful time to buy specific stocks with consummer demand and good balance sheets. Millionares will be made on this, but don't speculate be a sound investor. Remember for every down side there is an up side and that is true in life and the market.

Becareful out there - One day down 300-400 points -the next day up It's enough to wipe you out if you bet wrong that day - The market will be up tomorrow - The Government made 900B available to banks - On that news, which came late in the day the market rebounded 50% of its losses - watch tomorrow -it goes on the up swing - Then on Wednesday it will go down over unemployment - got to ride with the wave and get into the rythem

Oh yeah, obviously the bottom. Has anyone paid attention to the last few months? This was going to just be bad, but with government assistance it will be plain dreadful and scary. Prepare to defend yourselves.

^^^^Agreed! Cramer is wrong more than he's right and following his advice has cost me plenty in the past. Him saying SELL is a great indicator to buy!

The only reason the market didn't collapse 20% today is the PPT buying, spurring the supposed turn around. This is no near term bottom. They won't allow a collapse, but they will allow a gradual melt (no choice, just preferable). Dow 7500 range will be the bottom. That's an average recession's 35% drop, plus a little extra emotional panic. The talking heads have been talking bottom all the way down - when you stop talking about bottoms, we'll know we've hit one.

please stop spinning stocks, the jig is up on this B.S. there is no reason to buy stocks in this environment.

Jim Kramer is an idiot

Earlier this year Cramer said the DOW would be at 15000 by year-end 2008. He later recommended Coors Brewing rather than the “lackluster BUD”, when BUD was sitting @ $47/share (BUD closed @ $63+ today). His incredible denials earlier this year relative to his buy recommendation for Bear Sterns really sucks. Cramer has me tuned-out & turned off.

Market is still trending down. First we need to see true fear, next people have to be disgusted by stocks, then we start to talk about bottoms. We are still far away. If you want to be a sucker, no one can stop you.

Market is still trending down. First we need to see true fear, next people have to be disgusted by stocks, then we start to talk about bottoms. We are still far away. If you want to be a sucker, no one can stop you. And Cramer is an idiot, we can all agree on that. If you listen to him, you are an idiot.

Empiretp- No reason to buy stocks in this environment? This is the best environment to buy in. Ever heard of buy low - sell high?

I'm sad! I've lost almost $8,000 this year plus the usual 5% profits I get yearly. Also my money is in Wachovia and they won't say what is really going on. This whole thing sucks and I guess its too late to get my money out of the mess:(

Nigerian email scam?.....we all should know now that the $600 was to butter-up the masses for the granddaddy of them all schemes......the $700 Billion Bank Bailout, which will be AT LEAST $3,300 for every man, woman, and child in America, maybe even $10,000 each before it's all over; say $40,000 per household, PRETTY GOOD DEAL I'D SAY. Don't ya get it? they give us $600......we give them $3,300-$10,000, sound like Nigeria knocking to me.

I agree with the people saying Cramer's advice is bad, he cost me alot of money too. Telling me to buy MPEL now down more than 80%, AYR now down more than 80%, and sell PCU right before it doubled. Whatever Cramer says, do the opposite. When stocks have a run up, he says to buy at the top. When stocks crash, he says to sell at the bottom.

regulate special interests

If we're talking about a bottom, it's not here. Tradable bounce? Do you feel lucky, punk?

Someone is complaining they lost 8K? I lost 300K. Want to trade?