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Is This The Bottom?

Tags: Cramer Stock Picks, Mad Money, Mad Money TV Show, Warren Buffett
12 Oct 12:36pm
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After a wild week and a plunge in the S&P 500 of more than 22% in just six trading days between Oct 2 - Oct 9….the question now is have we reached a bottom?  We had nice action to the upside on Friday after a the Dow reached below 8000 (yikes).  Even though we didn’t finish in positive territory, we only were down 128 points (that’s a win).  Historically Friday’s don’t mark bottoms…this one should be no different…but look for wild action on Monday.Stocks that Buffett recently bought are below even his cost basis at this point. It might be time to put your cash to work…. Check This Out!

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