A must see video – Jim Cramer is calling a great stock market for the rest of 2007 and 2008 as late as 3 months ago, when it was absolutely obvious that the game is over. He was not just making the bad calls, but the worst is that he was lying that he did not, as if there is no record. Well, there is. The great Rick Santelli is putting him down.
It’s amazing, Cramer has his own show on CNBC, but each time I look at him (or at most of his colleagues at that station) – he knows nothing about investing and stock market. Nothing. And this is amazing that, apparently, it doesn’t matter