Cramer chips in.

SPY 122 hanging on for dear life. Cramer posts that “The odds of a European bailout are slipping,” click here for the full story. Tempers any long side nibbling/makes me want to look at the other side. LNKD approaches 71, where the underwriters will support the price of the secondary offering. GRPN puts available for traders now, but extremely pricey.