Comments on: Stock Market tomorrow (Mon 14, 08) http://www.ezran.org/blog/2008/10/stock-market-tomorrow-mon-14-08/ Ezra -ez- Nugroho's blog Mon, 12 Jul 2010 09:21:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andy http://www.ezran.org/blog/2008/10/stock-market-tomorrow-mon-14-08/comment-page-1/#comment-47 Andy Mon, 13 Oct 2008 21:03:08 +0000 http://www.ezran.org/blog/?p=87#comment-47 Jim Cramer is a clown who's been consistently wrong his whole life. Whenever I see him I am reminded of the South Park episode in which Eric Cartman's mother inquires about an abortion in her "40th trimester". I wouldn't like to predict what will happen on the markets tomorrow because volatility is just ridiculous - it could go either way depending on whichever way the wind is blowing! The problems in the banking system are so complex (mostly off the books and not understood by anybody) that I'm sure will take much longer to unravel.. even a hint at more bad news will send the markets into another nosedive. The bailouts that have been announced won't be enough cover, but I'm sure most governments will be in for a penny, in for a pound. The smart money is in precious metals and all the good stuff around them. Jim Cramer is a clown who’s been consistently wrong his whole life. Whenever I see him I am reminded of the South Park episode in which Eric Cartman’s mother inquires about an abortion in her “40th trimester”.

I wouldn’t like to predict what will happen on the markets tomorrow because volatility is just ridiculous – it could go either way depending on whichever way the wind is blowing!

The problems in the banking system are so complex (mostly off the books and not understood by anybody) that I’m sure will take much longer to unravel.. even a hint at more bad news will send the markets into another nosedive.

The bailouts that have been announced won’t be enough cover, but I’m sure most governments will be in for a penny, in for a pound.

The smart money is in precious metals and all the good stuff around them.

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