I write my articles for the weekend during the week, so when I wrote my article on Jim Cramer little did I know that later that day he would talk about Bear Stearns on his program. It went a little bit like this:

Peter writes: “Should I be worried about Bear Stearns in terns of liquidity and get my money out of there?”
(Cramer’s response): “No! No! No! Bear Stearns is fine. Do not take your money out….Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly! Don’t be silly!”

This was while Bear was trading at about $60/share. Well Jim, thanks for proving me right.

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