Posted on 04/06/2025 3:59:10 AM PDT by RandFan
@CollinRugg
NEW: Jim Cramer warns of a 1987 "Black Monday" style stock market crash on Monday, says he is about to be super mad.
"Black Monday" was a global stock market crash where the Dow Jones tanked almost 23% in a single day.
"If the president doesn't try to reach out and reward these countries and companies that play by the rules then the 1987 scenario..."
"The one where we went down three days and then down 22% on Monday, has the most cogency."
"I will contain my anger... and if Europe moves against our fabulous tech companies next week, then I will be furious."
(Excerpt) Read more at x.com ...
Cramer... the most reliable stock-picker of all time. All you have to do is the OPPOSITE of whatever he says.
Well his track record is impeccable so there is that. :)
LOL what happened out of interest?
Jim Cramer? The opposite will happen.
đź‘Ťđź‘Ť
Yes, it’s often said do the opposite of what he says. He can be a pumper/dumper but what I will say is ‘broken clock’ and all that..
I dropped $50K into the market on that Tuesday, 1987.
Best buying opportunity of my life.
The DJIA gained 44% in 7 months and the asset bubble popped. Not quite the same scenario but we have an overvalued market never the less.
In fact, if more and more countries agree in the next few weeks to do as Vietnam did last week and remove their tariffs, this might be a very good time to buy the dip.
It's amazing he still has a show. It's almost a parody of what a real stock market-themed show would be.
Sort of like what Ted Baxter was to real news anchors.
If you don't have cash in hand ready to jump on an opportunity like a 22% off Shopping Spree Tuesday then you're a retard.
Stocks actually finished up for the year in 1987 despite the temporary pullback in October 1987. That being said, this could possibly work against Trump the Republicans for 2026. We need to get the tax cuts made permanent and possibly replace two SC justices so we don’t need to give the enemies in the media and in DC anymore ammo to use against Trump going into 2026. People vote with their wallets.
If Monday has a crash, buying opportunity with 2 year holding period.
Exactly...we do have seriously overvalued market. No one is talking about that. History is replete with jaw dropping crashes in over valued markets.
1987 ended as an up year for the market. Total return of s&p 5.25%
They are working hard to create it. Will they succeed?
My son has been speculating for over a year now that a crash is coming and he’s been expecting it to be no later than this summer so it can be blamed on Trump. And that its timing is going to be deliberately triggered by TPTB.
I can’t disagree with him. It makes too much sense for the left to inflict that kind of hardship on American citizens to further their agenda, just as they have before.
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