Here's another reason for not following the advice of CNBC screamer Jim Cramer, who last Tuesday urged an investor not to take money out of Bear Stearns.

No, no, no. Bear Stearns is fine. Do not take your money out. Bear Stearns is not in trouble. If anything, they're more likely to be taken over. Don't move your money from Bear. That's just being silly. Don't be silly.

Of course there's no way to know what that investor wound up doing, but last Tuesday Bear Stearns was still trading for $68.24. At last check it's at $4.57. J.P. Morgan has agreed to buy it for $2 a share. Unfortunately, there's no law against loudmouths who make all kinds of declarations that turn out to be sooooo wrong.