I'm Jim Kramer, and you're about to hear a sample taken directly from today's CBC Investing Club morning meeting.

Right back in the soup here, thinking that what matters now, like in 2011, is the rating agencies are starting to say,

this country's unreliable, and that is enough to downgrade and that's

causing the rest of the market away from the invidia that we'll talk to to go down yeah and as

you mentioned yesterday on the home stretch we went back we looked at the oscillator to see how

it fair back in 2011 well Well, what do you know?

It became more and more oversold as things really got hairy.

But once again, once whenever it reaches this minus double digits figure, you have to hold

your nose and do some buying despite some scary headlines at the time, like the S&P downgrade.

But the truth is we're still not there. Oh, no, not even close. We're minus 2.38 yesterday, which was a pretty big jump from around, call it flat the day before, a little bit negative, but not really that a minus four jump. Right. And we really want club members know you can get you can get a

deal for this oscillate right here to sell the oscillate we're just here to tell you how

right it was and it will it served me very well during that period because I

instead of getting emotional I said look once we get to minus seven or eight I'm

gonna presume that this thing's gonna get resolved in a way that's gonna make it so people are out of the market too much. We're not there yet, which is why I said at the end of last night's show, look, I understand. This is not the moment to be a hero. We're going to, we're going to get hit. What I didn't realize was that Invidica was going to be so powerful that the hit is not distributed equally. Yeah. It's just amazing.

Well, right, of course.

I mean, when you... was going to be so powerful that the hit is not distributed equally.

Yeah.

It's just amazing.

Well, right.

Of course.

I mean, when you beat earnings by, you know, 17 cents and you guide the next quarter revenues,

$4 billion higher, which is the biggest guide-up that I've seen.

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