Jim Cramer, "Do in May what the Data Tells You"

By on May 6, 2009

An unusually subdued Jim Cramer said he was bullish based on positive volume indicators on individual stocks (Textron, U. S. Steel and Northern Trust) and good economic news out of Maryland and a big turn in Texas based on a Fed survey. He opposes the view of Doug Kass that the economy is only leveling off. Cramer said he would buy transports, and secondarily, retail stocks. Cramer says not to sell in May and go away, but do in May what the data tells you.



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