Jim Cramer and Seabreeze Partners' Doug Kass reckon that 2011 is more like 1987 than 2008 when...

|By:, SA News Editor

Jim Cramer and Seabreeze Partners' Doug Kass reckon that 2011 is more like 1987 than 2008 when it comes to the plunges in shares. Like in 1987, "machines (are) overtaking man," meaning the market is being driven more by technical factors than by fundamentals, which were the major factor in 2008.