Jim Cramer just threw in the towel.
Oct. 6th, 2008 04:50 pmIt might be time to buy. :)
From http://gawker.com/5059535/jim-cramer-begs-america-to-abandon-hope:
From http://gawker.com/5059535/jim-cramer-begs-america-to-abandon-hope:
Whoa, Jim Cramer has fully turned around as much as a man can possibly turn around! The shouty CNBC (poor) stock picker—who as recently as last November was trumpeting "10 Reasons to Be Bullish" ("1. The stock market is cheap")—went on the Today show this morning to virtually beg Americans to pull all the money they might need in the next five years out of the stock market, no matter what the cost. He looks like he's about to cry. This will be one of the defining moments in the media narrative of our nation's impending financial doom.
(no subject)
Date: 2008-10-07 06:04 pm (UTC)I think most banks will do this. Googling "IRA CD" gets you a lot of the big banks, and a bunch of smaller ones.