I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

And what stabilization means in this crazy market is run out of the QQQQs, which believe

me, you know, I really like.

You know, in other words, selling, selling alphabet and selling some amazon i was selling

apple and then back into the so-called risky asset stocks like the regional banks i what i want to see

is for people recognize that it's not a flight to quality to own tech but that's leave that to bonds

it's a reaffirmation that our tech is very

strong even into a slowdown. Those are very different things. We've never, we're never going to

hide in tech. Tech is too much earnings risk. What we do is we say, you know what, in a slowdown,

our favorite tech stocks are going to give good places to

it. So let's not confuse the two. I'm not perturbed that the octopus of what we're going down.

We want to see some stabilization system. But I'm talking about a week from now when the Fed moves,

maybe they do a quarter point, maybe we do nothing. We are in kind of a clear sailing mode because we're very

oversold we don't have earnings per share for a little bit of while and that not we have no

reports and I think what we're looking at it at possibility if we get First Republic

done is money going back into the regionals which has to happen but we need to hear

something from the FDIC which indicates and I'm going to offer plan tomorrow to get back but we need to hear something from the FDIC, which indicates, and I'm going

to offer a plan tomorrow to get back, but indicates that the Huntington banks are not in trouble,

because they aren't.

It's, you know, one of the things that the other thing other than tech being misdirected

in terms of what people like it, it's not a credit problem, okay? It's a liquidity problem.

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