Cramer on 3/11: "No! No! No! Bear Sterns is not in trouble!"

On the outside, Cramer looks like a fool for saying this on March 11th:

“Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? --
Peter Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”

If you took his advice last week you should send Cramer a thank you card, since the stock skyrocketed to $2 per share on Sunday.