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Jim Kramer on NBC this morning.

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.

Comments

  • thrupence
    thrupence Posts: 183 Forumite
    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
    wombat42_2 Posts: 1,312 Forumite
    Guru Max Faber was talking about the Dow sinking to 5000 and gold doubling to $2000. Although other gurus talk about a buying opportunity.
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