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Monday, September 11, 2006

Cramer's STOP TRADING Recap (Sept. 11, 2006)

Cramer moved his STOP TRADING time to around 2:40 PM EST. Cramer is saying that oil's collapse is good for investors. He says oil isn't going down because of a weaking economy. He noted oil could fall another $9.00 without a major problem (I think that is what he said).

Cramer also said that commodity prices is more good news for investors. He also said that some of the homebuilders and related plays (noted JOE) have actually gone up while the media is talking about the housing bubble.

Money is going into technology and drugs like you wouldn't believe, according to Cramer. He noted Apple (AAPL) is up and and even Broadcom (BRCM) is performing well while they had a major options issue.

Jon C. Ogg
September 11, 2006
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