During Monday's fast-paced "Lightning Round" segment of Mad Money, one caller asked Jim Cramer his thoughts on Magna International (MGA) : "Magna is good. I would wait a few weeks and then buy more," he responded.
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The tech sector's tumble might have more in common with the events of 1987 than those of 2000/2001. If this proves the case, some buying opportunities are forming.
What happened in the past doesn't matter. What matters now will determine the future.
What makes this market particularly frustrating is how the profound weakness is not reflected in the indexes.