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TheStreet.com TV Recap: The Crucial Last Half-Hour
There's a rhythm to the recoveries in the stock market, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Webcast Tuesday.
Cramer believes "this market will be determined by 3:30 p.m. to 4 p.m.," he told Gregg Greenberg, the host of Wall St. Confidential. Therefore, if people are buying now, they have to understand they might have to buy more today, he said, adding that 3:30 is a "crucial" time because that is when the buybacks stop and it's really easy to knock the market down.
Cramer said those of the bearish bent may try to spread rumors, particularly between 3:15 p.m. and 3:45 p.m. today. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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