Jim Cramer calls end of the depression

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04-03-2009, 05:44 PM

1st overnite

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Jim Cramer calls end of the depression

Jim Cramer announced the end of the depression (I didn't even know we were in a depression). With him saying this, do we need any more proof that things are going to get worse.

04-04-2009, 05:59 AM

DYNASTY HVY

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What depression?

Any idea as to where someone can get a job playing spin the bottle in relation to forecasting economic's?

04-05-2009, 06:55 PM

ryan1234

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Well I guess you have a 50/50 chance of a stock up or down.... same with the economy.

04-06-2009, 12:17 AM

Blackwing

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Pretty sure Cramer was talking about the depression he's been suffering since the beatdown Jon Stewart gave him last month!

04-06-2009, 07:52 AM

FlyDL

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Last edited by FlyDL; 04-06-2009 at 01:18 PM.

04-06-2009, 08:04 AM

SoPinesHeel

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Too bad his prediction record holds true for airline stocks!!!

04-07-2009, 01:09 PM

ppilot

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Quote:

Originally Posted by Blackwing

Pretty sure Cramer was talking about the depression he's been suffering since the beatdown Jon Stewart gave him last month!

Funniest thing I've read today

04-07-2009, 01:35 PM

DAL4EVER

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Crap, there goes the end of the bull run. Whatever he says, do the opposite and you will make money.

04-07-2009, 05:57 PM

KC10 FATboy

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Well today (April 7), Equifax came out today and said that home defaults were up 50% over the same time last year. That doesn't include sub-prime. Their defaults were up 25% over last year. It seems the bottom of the housing problem is yet to be seen.

Oh, and 700,000 more people lost their jobs in March.

I sure hope he's right.

-Fatty

04-08-2009, 06:04 AM

#10

blastoff

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A recovery always begins months ahead of the statistics that actually back up the fact that its recovering. And "recovery" is relative. We may only be recovering from crash and burn to a period of stagnation.