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Cramer Says the Market Is Treacherous Right Now and We Need Some Stabilization in Tech

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However, the carnage in tech is not being reflected as much in the Dow because of the recent strength in banks, CNBC’s Jim Cramer said Monday.

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The S&P 500 and Nasdaq on Monday extended their losing streaks to five straight sessions, dropping as much as roughly 2% and more than 2.5%, respectively. The Nasdaq lost 4.5% last week. The S&P 500 lost almost 2% last week. As Cramer pointed out, the Dow has recently fared better, losing just 0.3% last week. However, the blue-chip average fell more than 500 points, or almost 1.5%, at one stage on Monday, weighed down by losses in

 

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Get the Feds to print you some more money so the market can go back to playing.

This guy, right? “Bear Stearns is fine, don’t take your money out.”

Can we get some insight from someone who actually knows something about finance? This guy sucks.

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