Raising Funds
Tomorrow should bring some buying opportunities, so I'll cash in some of my gold winnings here.
I am going to sell another 2,000 shares of Yamana Gold (AUY) given the 7% increase in the stock today. I want to build cash so that I can buy tomorrow when the market fears calm down and I can take advantage of the weaker prices.
Yamana will still make up 2.7% of my fund after my sale. Stay tuned for tomorrow.
Regards,
Jim Cramer
DISCLOSURE: At the time of publication, Cramer was long AUY.
Send email to james.cramer@thestreet.com.