Wednesday, December 17, 2008

Cramer Creates the World

We are all looking -- at least I am -- for someone to describe the stock market so that we can believe again. Cramer tried it yesterday. I hope he's right. Depression -- now off the table because of the stunning .75 drop in interest rates by Bernanke and the fed. Mortgage interest rates of possibly 3 1/2 % for 30 years. Everybody out now to buy up real estate and mortgages.

Turn-around in real estate: before yesterday he was saying, wishfully? June 30, 2009. Now earlier, like NOW.

Verbatim from last night:
http://www.madmoneyrecap.com/madmoney_nightlyrecap_121608_1.htm

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