Jim Kramer on NBC this morning.

iltisman

On the Today program on NBC this morning Jim Kramer of Mad Money recommended that Americans that need cash in the next 5 years sell their shares as he predicts a 20% fall on the DOW.
This guy has a big following in the US and the Today program is the most popular of breakfast TV shows over there.

thrupence

iltisman wrote: »

On the Today program on NBC this morning Jim Kramer of Mad Money recommended that Americans that need cash in the next 5 years sell their shares as he predicts a 20% fall on the DOW.
This guy has a big following in the US and the Today program is the most popular of breakfast TV shows over there.

That's just the same as saying that investment should be for 5 years at least.

Does he say anything about buying when the DOW hits 8000?

wombat42_2

Guru Max Faber was talking about the Dow sinking to 5000 and gold doubling to $2000. Although other gurus talk about a buying opportunity.