I am surprised Jim Cramer is still alive to be honest. A lot of people listen to him and he is hugely popular. People who made investment decisions by listening to him would be very poor at the moment.
The problem with a lot of perma bulls is that they can't appreciate that the Bears can come out and Maul them until it is far too late. I guess the same argument can be made for Bears as well, who can't appreciate that the market can recover even though things look bad. Balance is the key.
I am very Bearish at the moment, but I do think we will see a recovery in the markets sometime in the middle of next year. I think it is too early just now. I don't think we will see the highs taken out for a long time though.
