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As Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke go before Congress this afternoon, Washington’s beginning to play politics with Paulson’s plan. Cramer took that up the issue during Wednesday’s Stop Trading!.
He also laid out strategies for trading Washington Mutual [WM
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], AIG [AIG
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], Freddie Mac [FRE
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] and Fannie Mae [FNM
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]. And, no, they’re not necessarily all sells.
Lastly, Cramer offered his opinion on Transocean [RIG
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] and Schlumberger [SLB
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], two stocks in a sector that’s trading erratically.
Watch the video for the full take on Cramer's calls.
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