While it may be appropriate for members of the administration to be optimistic about the financial institutions that have received bailouts, the issues of unemployment, disinflationary housing markets, debt failures and the very real potential for energy prices to escalate dramatically before the end of this year are not being addressed in relation to the economy in general. Accordingly, in my opinion, the prognosis for the stock market in regard to continuing gains is really quite dim and while the markets may enjoy brief rallies, I do not see real opportunities for prolonged gains this year. Frankly, I anticipate that the market will end the year below 5200.

Mr. Cramer, I don't know who John Stewart thinks he is, didn't he say he was a clown but he advertises as a clown, I think that is an insult to clowns. How dare he decide that the stock market is now a serious matter while he spent the last 8 years demeaning our national leaders. Is the war on terror serious?

Mr Cramer, even though i am not a big fan of you(not that you bad or anything, i just don't like your style), but John Stewart has went way out of line with you, and i want you to know that i am with you, he is just a look alike reporter on a look alike news program. all these people just need to get there head out of there butt and stand up for some real responsibilities.

@ thomas w:

"John Stewart... is just a look alike reporter on a look alike news program."

Thomas, have you ever SEEN the Daily Show???? First of all, it's a comedy show on Comedy Central, not a news show!!!

Second, Jon (not John) Stewart is a comedian/television host/media critic/political satirist -- not a reporter.

Cramer,

After the Jon Stewart interview NOBODY is listening. You can try to talk down the economy all you want (or talk it up), you are now officially obsolete.

Don't let Cramer fool you. He is tone deaf and part of the crying down on the economy. Cramer and the partisans would rather the country not do well then be caught wrong on his and their "assessments."

Country should be first and partisanship last.

New proposed director Citicorp..Let's hope that Mr. Jerry Grundhoffer does a little better than he did with Security Pacific Bank when he ran the Branch system into the ground--caused the Bank to sell to B of A.
Stockholders look at his not so worthy tract record before approving as a director.
Thanks, Tom

Trust no one especially this CROOK. they are ALL lying much,much worse is to come these liars are all pumping dead cat bounces.
This is a trading only market and anyone can pick any stock without listening to crooks and liars.

We all need to start buying American made goods. Keep America working. When a person is working, they can pay their mortgage and taxes. I understand protectionism is not the best answer, but it will stop the bleeding. This rosy idea of a global economy might work if the globe was not full of greedy, lying, cheating ba$tard$. We need to remember that most of the globe goes to sleep hungry every night. We cannot depend on our Government to help us. If we cannot resist the foreign made goods, we will all be sleeping in the crates used to import those goods. You are holding the last dollar, don't waste it! The job you save may be your own!
ps I love Jon Steart...at least he admits to selling snake oil. That makes him the most honest man I know.

Please stop quoting KRAMER> He is AWFul. His opinion are usuualyy WRONG.

Kramer,

i just want you to know we are all hip to the scene.. you know what i mean..

yer all idiots. refer to http:en.wikipedia.org/wiki/wall_street_crash_of_1929

we are almost duplicating the crash of '29 to the month. we will have a sweet rebound till the end of july. then down to record lows.
know yer history....cause it's happening again.... I saved my 401k. did you ? SMACK! WAKE UP ! and i'm just a union factory worker. :) and Cramer i saw your comedy channel interview...you patsy

As I continue to focus on your comments along with Noriel Roubini's, it seems to me that you are offering us exactly that which we "need" to hear, as we negotiate the rough waters ahead. I, for one, deeply appreciate the inner strength it must take to step up and assert what seems to me as the obvious: the markets are going to fall below 6,000 and the global economy will continue to unwind. We had better batten down the hatches as we, devoid of choice, roar ahead, at least those of us who continue to think for ourselves. Thank you for all that you try to do. Your humble posture, with regard to your past mistakes, as you see them, has only, in my opinion increased your credibility.

@steve :

Thomas, have you ever SEEN the Daily Show???? First of all, it's a comedy show on Comedy Central, not a news show!!!

Second, Jon (not John) Stewart is a comedian/television host/media critic/political satirist -- not a reporter.


Hello Steve i was just trying to be nice by saying that, Jon Stewart he is Wannabe Reporter. in my view

I have been following the stock market since 1998, reading the WSJ, IBD, Fool.com, Barrons, Bloomburg etc.., and only recently have I discovered the breadth and depth of analysis that comes out of Jim Cramer's mind. The man is astute, prolific beyond belief, and no one has me running to the dictionary/investor encyclopedia the way he does. No, his calls are not 100% accurate, whose are? He has me thinking and growing, smiling and laughing. Thank you Jim, for helping the little investor!