National Ledger - Video: Jim Cramer Advises Retreat in the Stock Market on the Today Show

About
National Ledger

More
Important Links

Videos \| Share This \| Related Video: Jim Cramer Advises Retreat in the Stock Market on the Today Show
By Julie Pike Oct 6, 2008

MSNBC money guy Jim Cramer usually gets hype in the media for his meltdowns and rants on television but the TV talking head had something pretty sober suggestions for some investors that have their money invested in the stock market. He told Ann Curry on the NBC Today show on Monday that investors may want to act fast.

Video: Jim Cramer Advises Retreat in the Stock Market on the Today Show

His comments on NBC were to get out if the stock market now if possible, and especially if you need your money for the next five years. Wall Street has reacted to the $700 billion taxpayer funded bailout quite predictably. The DJIA has plummeted since President George W. Bush signed the bill into law on Friday.

***

Creamer will likely be labeled as a panic monger for the comments but in this market many are already doing just what he is advising. It is a very rough day on Monday for Wall Street already as it seems everyone is selling and the market is down sharply for the second straight Monday.

The video is here as "Ann Curry talks to CNBC’s Jim Cramer, who advises pulling out the stock market if you are going to need your assets in the next five years."

Today's Most Popular Stories:

Watch the latest videos on YouTube.com

Share This:
To bookmark and share this site, please use the links below:
Tag in Del.icio.us | Digg This | Stumble Upon
Email this article | Print this article | Write the author

Read more from author Julie Pike

Email this article
Printer friendly page

Write the Author:

Related Information

For more stories from The National Ledger's independent writers on DC Journal please visit our DC Journal page.

FEEDS: News | Pop Culture | Ledger Pop | Ledger DC