Kramer is the living metaphore for the old adage:
“Even a broken clock is right twice a day.”
As for the DOW, I did a Fibonacci study this week and it brought the low on the DOW to 10,088. If it breaks that, look for that 7,000+ number and Katy Bar The Door!!!
It’s sure looking like a Depression to me. No jobs, foreclosures, banks failing. The wall street greed is a big paet of this, just as it was in the 1920s.
Kramer is a screamer, has been all along, with or without a depression or recession. Something wrong with a guy who has to scream all the time.