Cramer's Stop Trading! Cramer Calls a Bottom (3/26/09)

Stocks discussed Jim Cramer's Stop Trading! TV Program, Thursday March 26.

Panera Bread (PNRA), Darden Restaurants (DRI), Dean Foods (DF), Conagra (CAG), Yum Brands (YUM), Best Buy (BBY), Whirlpool (WHR)

With raw costs declining, food stocks are outperforming almost every other sector aside from technology. Cramer especially likes Panera Bread on a pullback, Darden Restaurants, Dean Foods and Conagra. Best Buy's earnings beat and raised guidance are a sign of a turnaround along with Whirlpool's steady climb up. “We're coming out of the most serious depression since the Great Depression,” declared Cramer and says that it looks like a bottom.

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Comments

[tunaman4u2:]

Cramer calls another bottom 1200 points after the fact?
Wow, what a genius

Mar 27 08:10 AM

[goingbankrupt:]

Cramer called a bottom!

SELL! SELL! SELL!

Mar 27 08:31 AM

[xb74:]

The only thing Cramer should call is his lawyer.
www.deepcapture.com/ji.../

Mar 27 08:50 AM

[Matt Miller:]

Cramer and TMF. Two of the larger jokes in finance.

Mar 27 08:56 AM

[toobad41:]

The end-of-days was three weeks ago...sorry you missed it !!!

Mar 27 09:02 AM

[Obi-Wan:]

If you yell "It's the bottom!!" enough times, you're bound to be right eventually.....of course, everyone will have stopped listening to you some time before......

Mar 27 09:09 AM

[tginomorebush:]

Wouldn't it be GREAT is cramer was FINALLY right about a bottom?

Mar 27 09:35 AM

[107Sid:]

If you guys feel so negative about Cramer's calls, why do you keep reading and commenting on them??

Mar 27 09:55 AM

[Erich Riese...:]

Because he is an nonsensical evil doer who represents a lot of what is wrong with America. Why shouldn't people point out well known people doing evil things?


On Mar 27 09:55 AM 107Sid wrote:

> If you guys feel so negative about Cramer's calls, why do you keep
> reading and commenting on them??

Mar 27 09:58 AM

[User 14340:]

What a joke !! Mark Haynes called the bottom correctly.

Mar 27 10:18 AM

[J M Keyes:]

At madmoneyrecap.com there is a transcript of Cramer's Thursday show. I do not see anything in there where Cramer "calls a bottom". Check it out yourselves! By the way, the reason I read about Cramer on seekingalpha is that inane comments amuse me.

Mar 27 11:00 AM

[Chaim Kimel...:]

March 27 Do not care the price, sell anyway.
The charts are sending but one signal:
CAVEAT EMPTOR (Buyers Beware)
Now, that the REAL Bear Market is begining, it is the time to have patience in our spirits and cash in our portfolios.
Please dont blame Cramer, put yourself in his place,it is not easy.............. Imagine trying to be right with so much exposure everyday in such volatile markets..............

Mar 27 11:11 AM

[Larry House:]

It is yet to be seen if anyone has correctly called the bottom. It sure is a popular past time. And if someone does hit it, he/she will be reminding us for years to come! Pundits!!!!

Mar 27 11:47 AM

[Boubou:]

Did you see Cramer on CNBC explaining how he alone called the collapse and tried to get us all out of the market?
!@#$%^%$!!!!!!!!!!!!!!
I used to laught at this guy but now I'm angry.

This is the most outrageous and bald-faced lie ever.
Jon Stewart! - we need you back again..he hasn't learned his lesson

Mar 27 12:00 PM

[ebworthen:]

Bottom?

Sure, right.

Dead cat bounce.

There were at least 6 (six) 25% rallies from October 1929 through April 1932 as the DOW went from 281 down to 41 (-85%).

It's a 30 to 1 double sixes craps table bet that this rally will last past mid-April.

Mar 27 12:05 PM

[Phil Trupp:]

Cramer call a bottom? I've heard him declare, loudly, that he would never do such a thing. If he has gone back on his word, he has done so at the risk of his entire career and what's left of his shaky credibility.

Mar 27 01:31 PM

[fredissy:]

I read Crammer when I am feeling down and need a good laugh to feel better. Crammer supplies all the humor I need. He is a great entertainer and stand up comic.

Mar 27 01:37 PM

[sr9web:]

indeed!


On Mar 27 08:31 AM goingbankrupt wrote:

> Cramer called a bottom!
>
> SELL! SELL! SELL!

Mar 27 02:11 PM

[Fred Voetsch:]

Cramer calls a bottom? Again?

This man should be in jail. Jon Stewart exposed him not just as a clown but as a criminal.

Mar 27 02:18 PM

[Fred Voetsch:]

On Mar 27 09:35 AM tginomorebush wrote:

> Wouldn't it be GREAT is cramer was FINALLY right about a bottom?


No.

Reason #1: He would ignore all the times he incorrectly calle dthe bottom and would constantly tell us how he called the bottom of the great crash. This man is a criminal and needs to be in jail.

Reason #2: The market still has to work off excess leverage and until it does it will not hit bottom. Medicating the market is not a good thing.

Mar 27 02:22 PM

[Down ONE MILL:]

Who says it's the bottom boys.
Could be a dead cat bounce.
Unemployment is through the roof and still climbing.
At least Cramer's got the guts to call it unlike you Bozo's sitiing on the sidelines doing the Monday Morning Quarterback plays.
None of you gotta a show on NBC.

On Mar 27 10:18 AM User 14340 wrote:

> What a joke !! Mark Haynes called the bottom correctly.

Mar 27 03:25 PM

[Kunst:]

I can call Cramer a bottom too.

Mar 27 11:14 PM

[BxCapricorn:]

He must be humiliated again. As I'm watching my technicals line up for the next plunge downward, I see that Cramer is again ranting that the sky's the limit. His hubris is incurable.

Mar 27 11:27 PM

[Did U Think...:]

Cramer calls a bottom right as we hit massive resistance on the S+P. it may rally more, but shouldn't he wait until we break out of resistance before he does the happy dance?

Of course, even if we get more rally it is all just a sucker's rally off an oversold bottom. The Dow will eventually plummet to around $1500.

Mar 28 05:09 AM

[battman:]

I think the best thing he could do is just talk about the weather, or the Rangers, or how to spend your staycation. Calling stocks and bottoms and buys and sells doesn't seem to work for him. The big problem is no one at CNBC seems to care.
When did it change that the reporters of the news became bigger than the news itself? Why do these people need to be celebrities?
One reason is because their stock picking abilities isn't worth the piece of s**t their credentials are written on. They clearly make more money being zany hosts rather than picking stocks. That in itself is enough to make you want to avoid his "whacky" reasoning (cue horn sounds and donkey noises with flashing lights)

Mar 28 09:48 AM

[Bill S. Friend:]

Every Wall streeter I see on TV says its time to start putting some money back to work. They just need fresh blood. There is nothing civalized about the stock market. Its dog eat dog. The recent rise is due to more government manipulation, and any excesses will be squeezed out during earnings season, and then again in October. Short into strength and have patience is my theroy. If the Dow Bottomed around 6600 I will eat my hat. The recent "positives" in the market are tenths of percentge points, anomolies and bald face lies. The mortgage meltdown has just begun, and will surely spread. Whats your house worth and what do you owe? How about another 20 percent haircut?

Mar 28 09:59 AM

[old guy #2:]

Enough about Cramer. Lets talk about Stewert. He reminds me of the kid I went to grade school with who thought he was funny when he pulled the wings off of flies. I wonder what ever happened to him.
Probably a production assist. for Stewart.

Mar 28 10:18 AM

[dare16:]

Yes it is cramer's bottom but after few months we may have a lower bottom and cramer may declare it is bottom again.

Mar 28 11:51 AM

[iamdlogan:]

I have lost the last Dollar I ever will, listening to Cramer. He has cost me more than money.. he has cost me and my wife our retirement...If you folks dont stop listening to him he may well cost you your future...

Mar 28 02:59 PM

[liam:]

I think the bottom Cramer is talking about is his own lol(red and hairy), the guy is funny and wacky. any-one who takes his advice is part of the dumb down kool aid drinking generation. perhaps the baby-boomers have finally all lost their marbles(to much sodium flouride), for goodness sake investing money is serious business this show is for entertainment not real advice. i think any-one who takes Jims advice deserves to get creamed, after the one-hundreth bad call these retired pensioners(who should not be investing with their money anyway) perhaps are confusing reality with fantasy(tv in general) time to switch of the television and spend some time enjoying life(outside away from the gogle box) boomer generation stop drinking the kool aid and educate yourselfs like you once did, read some serious political books find out how the stock market works(a huge casino run by insiders) try the internet(alternative media ) Jims a laugh but if you listen him you are the joke

Mar 28 06:43 PM

[E Nuff Sed:]

Hmmm like the boy who cried wolf too often ...no one believes him now, esp the pseudo wise-guys on seeking alpha.
Cramer may be right, this time.
We have had 3 back to back up weeks (2 very strong one). First triple since September. In my review of past 3 bears (2002-3, 1991-2, 1987-88 strong back to back weeks signaled a final bottom).

Mar 28 07:27 PM

[schnickelfritz:]

How many bottoms has Cramer called in the last few months?
And how many more times in the future is he going to call another bottom?
Oh, the huberis!
BTW, have you noticed how Cramer has had an attitude re-adjustment in his partisan "non-political" drop-ins that he salts his show with regularly? Just a couple of weeks ago Cramer was ranting calling Obama the greatest destroyer of wealth . . . Evidently those rants got the attention of someone of influence especially after Cramer was being defended by Hannity and Limbaugh. How embarassing!!

Mar 28 08:00 PM

[PeteK:]

Bottom or no bottom, Home Builders are moving up like crazy.
Check them out instead of talking about Cramer.
You might miss the chance !!

Mar 28 09:11 PM

[battman:]

Home builders are moving off of their bottoms into the no build zone. No need for new houses until inventories are sucked up (2 to 3 years). Play the bounce and make money, but it isn't a good investment by any means. Good luck.

On Mar 28 09:11 PM PeteK wrote:

> Bottom or no bottom, Home Builders are moving up like crazy.
> Check them out instead of talking about Cramer.
> You might miss the chance !!

Mar 28 10:49 PM