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Cramer's China Pullback Plays
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06.14.07Views:
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From Mad Money 6-13-07:"No area has attracted more interest than China since the beginning of 'Mad Money,'" Jim Cramer told viewers on Wednesday.
Cramer said he believes that China is a "nasty" place to invest in because it has a government that Cramer doesn't trust. But because it's the week of his 500th show, despite his reticence to invest there, Cramer said he's giving his viewers what they want.
So, on this night only, kicking and screaming, Cramer is telling people how to play China so they do it right."
Cramer, who dedicated Tuesday's entire show to big pharma, said that tonight, he's going to give people a double dose of Chinese stocks: the stable, reliable variety and the risky, exciting and speculative names.
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