XJO - Bear Posts only (Factors which might cause the markets to fall), page-17930

A little history for everyone below. Its important to give the bulls, since they are mostly covid traders these days a little sneak peak at what a crash looks and feels like and just how fast the main stream media changes its rhetoric. Anyone remember this famous Cramer melt down in 2007?:





Won't be long now before we are seeing a lot of this happening? History always repeats? hehehe. Note a famous snippet from Cramer back then who was like now one of the ones responsible for leading the bulls down the path straight to the abattoir:


...when the S&P 500 Index was valued at 1,056, Cramer suggested to investors, "Whatever money you need for the next five years, please take it out of the stock market." Five months later, the market bottomed at 666, a 36.9% decline.


Funny how the rhetoric changes so fast but even funnier is the fact in all these years Cramer still hasn't got a call right lol. He is one the biggest bulls on Wall Street again (maybe the biggest) just as he was right before the last crash. Good luck all.

P.S. This is just a little academic fun for everyone. Who said history was boring? .