Intuitive fred888: Cramer says we may be nearing a bottom for U.S. Stock Market

Wednesday, January 13, 2016

Cramer says we may be nearing a bottom for U.S. Stock Market

If it were just the U.S. Stock market I would agree with Cramer. But, we are now (whether anyone likes it or not) a Global Economy (because of Globalization). So, though what he says is true (if it were only the U.S. market) likely is not true because of our new Global Worldwide market through Globalization and the Internet.

However, then again he might be right. However, if the market does continue to decline I think the bottom cannot be lower this time than 12,000 or 13,000. Because we aren't going to see 6900 anytime soon like we did in the Great Recession Bottom. But, each market is also freaking each other market out. This is why I think it is possible (thought not probable now) that we could see a 12,000 to 13,000 bottom of the U.S. market before a big bounce back. So, some people are going to buy now and some will keep buying as it goes down.(if it goes down any further in this (beginning year China panic)(also the Iran-Saudi Arabia Panic) (and because of both these issues Oil Price Panic). (it hit $29 and some change during the last 48 hours.)

CNBC