Tuesday, January 27, 2009

Don't wanna be a Cramerican Idiot

1/23/09 - 08:03 AM EST

Jim Cramer is excited about the new administration in Washington. He is so excited, in fact, that he thinks the stock market could have a huge rally in 2009, just like it did in 1933 when a new administration took over.

(Would like to point out to folks that the 1933 rally occurred only after the DJIA fell 89%, from 381 in September, 1929 to 41 in July 1932. The DJIA fell from 381 to 41 and then rallied to 72, which is 75%. - AM)

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