PDA

View Full Version : Markets out of control - Cramer's Mad Money Stock Picks Recap 9/26/08


Thierry Martin
09-27-2008, 03:00 AM
Having trouble writing down all of Cramer's picks? Want to see if he has just reversed himself on a stock in a show you missed?

Subscribe to the free Mad Money Daily Recap Newsletter. Receive the posting you see below by email, around 11:30 PM ET every night.

Just click here to add yourself to the list. (http://www.onlinetradersforum.com/subscribe.html)

___________________________________

Cramer's Mad Money Daily Recap - Friday, 9/26/08

On Friday Cramer warned that as fear spreads through the markets, large corporations and institutions are pulling their money out of bank money market funds. Cramer also called on the Federal Deposit Insurance Corporation (FDIC) to raise its account protection limit from $100,000 to $2.5 million per account to rescue the banking system. "We are truly in dire straits here people," Cramer told viewers. The markets, he said, are completely out of control.

After examining the stocks in the Dow, Cramer predicted the index could lose as much as 2,768 points, slipping to just 8,378, if Congress doesn't enact a bailout plan soon.

Bullish
Cypress Semiconductor (<u><a href="http://quote.barchart.com/chart.asp?sym=CY&code=BCMM" target="_blank">CY</a></u>) <i>(CEO interview on Mad Money)</i>
JPMorgan (<u><a href="http://quote.barchart.com/chart.asp?sym=JPM&code=BCMM" target="_blank">JPM</a></u>) <i>(mentioned on Stop Trading!)</i>
Lowes (<u><a href="http://quote.barchart.com/chart.asp?sym=LOW&code=BCMM" target="_blank">LOW</a></u>) <i>(Lightning Round)</i>
PNC (<u><a href="http://quote.barchart.com/chart.asp?sym=PNC&code=BCMM" target="_blank">PNC</a></u>) <i>(mentioned on Stop Trading!)</i>
Sysco (<u><a href="http://quote.barchart.com/chart.asp?sym=SYY&code=BCMM" target="_blank">SYY</a></u>) <i>(Lightning Round)</i>
U.S. Bancorp (<u><a href="http://quote.barchart.com/chart.asp?sym=USB&code=BCMM" target="_blank">USB</a></u>) <i>(mentioned on Stop Trading!)</i>
Wells Fargo (<u><a href="http://quote.barchart.com/chart.asp?sym=WFC&code=BCMM" target="_blank">WFC</a></u>) <i>(mentioned on Stop Trading!)</i>

Bearish
Colonial Bancgroup (<u><a href="http://quote.barchart.com/chart.asp?sym=CNB&code=BCMM" target="_blank">CNB</a></u>) <i>(Lightning Round)</i>
FirstMerit (<u><a href="http://quote.barchart.com/chart.asp?sym=FMER&code=BCMM" target="_blank">FMER</a></u>) <i>(Lightning Round)</i>
Google (<u><a href="http://quote.barchart.com/chart.asp?sym=GOOG&code=BCMM" target="_blank">GOOG</a></u>) <i>(Lightning Round)</i>
Johnson Controls (<u><a href="http://quote.barchart.com/chart.asp?sym=JCI&code=BCMM" target="_blank">JCI</a></u>) <i>(Lightning Round)</i>
Suntech Power (<u><a href="http://quote.barchart.com/chart.asp?sym=STP&code=BCMM" target="_blank">STP</a></u>) <i>(Lightning Round)</i>

<!-- START all AdPeeps.com Code -->
<align="left">
<script type="text/javascript" src="http://www.stock-monkey.com/adpeeps/adpeeps.php?bfunction=showad&uid=100000&bmode=off&bzone=forumrecappost&bsize=all&btype=3&bpos=default&ver=2.0&btotal=1&btarget=_blank&bborder=0">
</script>
<noscript>

http://www.stock-monkey.com/adpeeps/adpeeps.php?bfunction=showad&uid=100000&bmode=off&bzone=forumrecappost&bsize=all&btype=1&bpos=default&ver=2.0 (http://www.stock-monkey.com/adpeeps/adpeeps.php?bfunction=clickad&uid=100000&bmode=off&bzone=forumrecappost&bsize=all&btype=1&bpos=default&ver=2.0)
</noscript>
<!-- END AdPeeps.com Code --></align="left">