sharon sanders
Editor-in-Chief & President
Monday’s Dow Decline Was a ‘Gift’
snip
Cramer doesn’t think so. That’s why he recommended buying into this weakness. Maybe the market drops another 3% to 5% – at most – though he said we might have seen a bottom in the last 20 minutes of today’s trading session. Worst-case scenario, though, he doesn’t expect the Dow to dip below 7,000 or the S&P 500 below 750, which is 5% down from here.
The biggest risk right now might be missing the next rally. The big money managers who lost out on March’s 21% jump should pour their capital into the market soon, Cramer said. They’ll have to if they want to beat the averages. When that happens, stocks will go higher. So any dip, however big, is a gift, Cramer said. Investors should see that as an opportunity and start buying. doesn’t expect the Dow to dip below 7,000 or the S&P 500 below 750, which is 5% down from here.
http://www.cnbc.com/id/29957527
snip
Cramer doesn’t think so. That’s why he recommended buying into this weakness. Maybe the market drops another 3% to 5% – at most – though he said we might have seen a bottom in the last 20 minutes of today’s trading session. Worst-case scenario, though, he doesn’t expect the Dow to dip below 7,000 or the S&P 500 below 750, which is 5% down from here.
The biggest risk right now might be missing the next rally. The big money managers who lost out on March’s 21% jump should pour their capital into the market soon, Cramer said. They’ll have to if they want to beat the averages. When that happens, stocks will go higher. So any dip, however big, is a gift, Cramer said. Investors should see that as an opportunity and start buying. doesn’t expect the Dow to dip below 7,000 or the S&P 500 below 750, which is 5% down from here.
http://www.cnbc.com/id/29957527