MWJ

Cramer's Mad Money - Obama's Revenge (3/5/09)

Fast forward 4 months, Jim Cramer's call for selling was based on market conditions and a rapidly deteriorating economy. He is entirely correct, the DOW has plummeted from 10,000 to 6500 in four months, financial armageddon to any investors. This is not Obama's fault, but the stockmarket will pass judgment on his administration's policies and agenda going forward....and the market is the ultimate decider!

Score is: Jim Cramer 100, ChuckB BIG FAT ZERO


MWJ


On Mar 06 04:31 PM ChuckB wrote:

> Kramer is an idiot and anyone that's been following his advice since
> last September has been hammered. The new administration is not
> dictating the DJIA. WAKE UP folks... our economy is in tatters.
> The repair is going to be long and painful.

Some Predictions for the Year of the Bear

The US is already in a major recession, Bernanke is in denial and Greenspan must take the blame for his horrendous decisions in keeping interest rates at record lows of 1% which laid the foundations for this whole sub-prime mess! With Japan and the UK also showing recession indicators, the biggest crash since 1929 and 1987 combined will be here in 2008!! Expect a global meltdown as asset values plummet, credit dries up, massive unemployment takes hold and companies across the world go bankrupt. Sell, sell, sell before as the world economy is doomed!!!