Worst Predictions of 2008

Random Ramblings
1

I’ve included at link to the worst predictions of 2008. Below are a sample of some of the predictions.

“No! No! No! Bear Stearns is not in trouble.” – Jim Cramer, CNBC commentator, Mar. 11, 2008

Five days later, JPMorgan Chase (NYSE:JPM - News) took over Bear Stearns with government help, nearly wiping out shareholders.

“In today’s regulatory environment, it’s virtually impossible to violate rules.” – Bernard Madoff, money manager, Oct. 20, 2007

About a year later, Madoff – who once headed the Nasdaq Stock Market – told investigators he had cost his investors $50 billion in an alleged Ponzi scheme.

http://news.yahoo.com/s/bw/20081229/bs_bw/dec2008db20081224028134

Enjoy!!!

2

Enjoyed them–thanks!

Furnishedowner

3

Here’s Jim Cramers stock picks for the end of 2007 beginning of 2008.

He said he wanted every one that watched his show to buy just 2 stocks for 2008. He said these are “BEST OF BREED”

They were…

TOYOTA then at $120/share…NOW at $65

GOLDMAN then at $207/share…NOW at $84

THIS YEARS new Jim Cramer prediction???

W E H A V E R E A C H E D THE BO T T O M I N S T O C K S!!!

If Jim’s track record is any indication that statement alone almost GUARANTEES new LOWS will be made in 2009.