Well, boys, and you Mr. Cramer, here it comes, the big one. I told a friend of mine, who toils in the canyons of lower Manhattan, that last Monday the market would drop 1,000 points. He called and I admitted I was wrong. It was going to take a week.I hope you boys have sold your imac stock. Gravity is calling. It is harder to get up in the morning as you get older, you don't run as fast as you used to. Me, I'm going to drive my yellow, '74 VW convertible, down to the end of my driveway and take my dog for a walk on the beach. I missed the great runup in Job land because I cashed out all my stocks in 2007. I sold our investment properties this past spring. I even cashed in my whole life policy with Met. Selling Stuyvesant Town was a deadly sin, a ghost that will torment. All I have left is my family, my "shack on the shore", the one with the million dollar view, some lobster pots, my dog boo, and, oh, that co-op we got approved for by the board in NYC last night, I guess we can close on it now. It will make a great home my pre-CBS Strat. As a professor at Babson once said," Stocks are worth 9-12 times earnings. Twelve if they are doing well, nine if they are doing not so well." It is gravity. It gets everyone, everything.

Cramer- you are the only one telling it like it is. I love listenting to your show every night. Now i will read your blog also.
I am a real estate investor and have been through lots of up and down markets. I guess i am smarter than Alan Greenspan because i was not shocked. i saw this coming and sold all real estate in 2005. i bitched all the way about the lack of action by the fed to curb the crap going on.
Even though i am not a wall street person, i listen to what you say because wall street and main street are intertwined and go back and forth affecting each other. So i have to know what is going on in the economy and wall street to make real estate decisions.
Thanks for the "transparency".

Can we have a do-over for Lehman Bros.?
I think the subprime loan was a weapon of mass destruction.
Are there any programmers writing programs to shorten the time span it takes to create a database of all failed mortgages that were sold to the banker next door?
A great man, Joseph Veach Noble, once told me, "There are no shortcuts."

"Gird your loins," Biden says. "We're gonna win with your help, God willing, we're gonna win, but this is not gonna be an easy ride. This president, the next president, is gonna be left with the most significant task. It's like cleaning the Augean stables, man. This is more than just, this is more than – think about it, literally, think about it – this is more than just a capital crisis, this is more than just markets. This is a systemic problem we have with this economy."

I have just open a scottrade account up I know nothing about daytrading but I bought $5,000 of ford stock at $2.15 and then another $5,000 of ford stock at $2.35 the ford stock is selling at $2.01 I dont need the money any time soon you know the $10,000 so if I wait can I make a profit I dont mind waiting but should I, todays date is Oct,26 2008 any advise would greatly appreciated my e-mail is contact@broderickstherapeuticworld.com