Thursday, March 5, 2009

Prognosticators Exposed!

Please take a minute to review the Jon Stewart Video that is included in this link. Although it is very funny, it is also very telling how out of touch our "experts" are. Even the infamous Jim Cramer (CNBC's Mad Money) said to "buy, buy, buy" when the Dow was over 12,000 (Dow closed today below 6,600). I enjoyed a healthy debate yesterday with someone for whom I have a great deal of respect and he also mentioned how it appears that no one really has a clue what's going on.

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