I sat down at my computer this afternoon and a page was open on the screen with the headline
'Housing will Bottom June 30, 2009' or so says (said) Jim
Cramer in
NEW YORK. The problem with this statement by
Cramer as recalled on January 22, 2009, is that
Cramer made the statement on September 8, 2009. That was before the fall of
AIG and
Lehmann Bros. and promises of bailouts by the government. He predicted that before the stock market dropped to below 8000. I wonder if he has changed his mind about that. Let me know.
I certainly hope Jim
Cramer is correct. It would be great if the market turned around in 2009!Just in case he is right, perhaps we should all start investing in the real estate market starting now.
Contact me. I can help you find a good deal.