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Tuesday, October 28, 2008

Jim Cramer CNBC 10/28/08 - Bullish on the Market

Today, 10/28/08, Jim Cramer was on CNBC's Stop Trading segment. Jim Cramer thinks the market is going to be up substantially today. And it is just that, the stock market is riping higher as he is talking.

Jim Cramer said he thinks NYX has been beaten down so much, even that stock will see a bounce. He called the NYX fall, " an amazing fall."

Jim said that he didn't feel that the stock markets should have fell into the close yesterday and we are playing a little catch up today. Mutual Funds are marking stocks up for the end of the month. He also stated that the Verizon ( VZ ) news was great yesterday 10/27/08, as well as the Boeing ( BA ) news. Jim is bullish on stocks in the short term and he will probably mention this on Mad Money tonight.

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