Dude…I Agree With James Cramer…Scary!
- Posted by Howard
- on August 25th, 2008
I saw this video in a few places.
If you are talking all day you say a lot of idiotic stuff, but we all know Jim is a smart guy and understands the market mechanics.
Our lack of swift punishment and inability to halt Fannie and Freddie from being distributed to the masses from people in ‘the know’ is only going to slow the eventual recovery of confidence.
Leadership always reasserts itself, but it would be nice if the great symbol of freedom which is the stock markets of the United States were not just being completely run over with financial fraud and a lack of leadership.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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