Cramer said gauging the market is as simple as looking at a handful of stocks. The ones on Cramer's radar include JPMorgan Chase (JPM), Goldman Sachs (GS), Wells Fargo (WFC) and Bank Of America (BAC), four stocks which he owns for his charitable trust, Action Alerts PLUS.

Now it is buy

All financials are vulnerable, because the government has said, basically, if you want to fall under voluntary restrictions, you better raise equity and get out from under. So you can imagine how much pressure will remain in the ones that need to raise the money, most likely Bank of America (BAC) and Wells Fargo (WFC), two I own, two that I think are cheap, and two that are so easily shorted that the pain is palpable.

If you’re looking for a trade, I’d look at Wells Fargo (WFC) and Bank of America Corp. (BAC) from the short-side, says Guy Adami.

goverment support

Is it too late to buy Bank of America (BAC), down 60% from where it was when the banking crisis was running its course and where we have seen consolidation that could be huge for it?

best for rebound

it's cont to work for me as a new investor.

Picking up

In the financial sector, Chris Whalen of Institutional Risk Analytics shared that he'd stay away from Bank of America (BAC), given the financial and executive upheaval. In fact, Whalen thinks the bank could be in the government's hands by the middle of next year.

lost money

unpredictable

do not trust them - ever

Terrible business practices

big losses here

cheats,crooks,and liars

inept management creating another citibank like monster.

Lost money and not sure it will come back

Ken Lewis simply misled his investors

holding a loss