Cramer's Climbing Back Into the Boat

(c) 2010 F. Bruce Abel

So much for two of his six impediments to getting back into the market.


Mad Money Recap Nightly Recap for: Wednesday, June 9, 2010: "and if China can actually take stake in troubled banks, that would elevate a lot of concerns… that would really make me feel much better.

That actually might do it… and even if they don’t … the increasingly likelihood of a soft landing in China puts us in a place where good news could eventually matter again… how about the rest of the checklist? Alright, nothing warranting something so dramatic as a checkmark… but we did get some good news on a Spanish bank front… stabilization, Banco Santander spending $2.5b to buy back the 24% stake in its Mexican bank owned by Bank of America…"