[SirLinksalot]

Question : How good do you think this guy's prognostications are ?

[rightinthemiddle]

He made the call before the bust in 2000.

[Dick Bachert]

Not very.

[LiveFree99]

If Jim "The Screamer" Cramer is predicting Dow 13,000 next year, you'd better start thinking about moving into cash.

[Austin1]

Generally, this would be my sign to get out. When everyone is a bull, it's time to sell - it means eveyone's money is already in the market! But if this guy has a history of being right, I'll certain defer to him.

[Siena Dreaming]

Terrible at times.

But I think he's right that the DOW is going higher.

[NicknamedBob]

It all sounds quite reasonable. I wouldn't count on oil remaining low for that long, though. It doesn't take long to "burn through" our inventory.

[TexGuy]

Thirteen, For those times when you that little extra, Ummmph.

[Kenton]

Question : How good do you think this guy's prognostications are ?

I think he's a pump and dump scammer. I took his advice on Topps and it took 5 months just to break even. But I bet he made a bundle on it when it popped for about two hours the morning after he recommended it.

If it was 100 years ago, he'd be selling snake oil.

[RightWhale]

If Cramer is vastly excited about some stocks taking off, I would say that they have just peaked. The trick is to figure out what he will be excited about a month from now, buy now and sell when his excitement peaks.

[RobRoy]

With real estate collapsing, the dollars go into the stock market. At least that is how it was explained to me by an investor several years ago.

[jdsteel]

While I hate his show, I think he's right about the general market having legs. Our economy is and has been pointed in the right way for a while and I think the markets are STILL a little undervalued. Corporate profits are higher than they've been for almost a generation. That's with our current, UNDER stated profits (due to Sarbanes-Oxley).

[Beagle8U]

If someone waited until today to "time" the market they missed the boat.

The 2nd-3rd day of the run-up they should have taken some profits.

Today was a "Buy-back" day but only buy back the stocks that will be hurt/helped by RATS gaining power.

Base that on your "gut" feeling on how the elections will turn out.

My opinion....If the DOW looks like it will lose 45+ today, the RATS will win Congress.

If it loses no more than that, Republicans retain control and you should buy accordingly today. (late)

If it wasn't a gamble it wouldn't be fun! Only bet what you can afford.

[3niner]

The PE ratio of the S&P 500 is close to its historical average. The historical average of annual gains on stock investments is close to 10%. 13,000 is about 8% more than 12,000. He's just predicting average (or slightly below average) performance.

[newnhdad]

I don't think the market will rise again until after the elections. The market will see a huge sell off if the dims take control of the purse strings because that usually means tax increases...