Home › Forums › Housing › Cramer predicts DOW 4700 by Tuesday (1995ish levels) › If Cramer said that, then I
If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.
Cramer’s a moron.
He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.
Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)
Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”
