You really should watch Hilary Kramer: Market has further to fall, but there is opportunity in KDN, CBI, ACH to get some market perspective. The video was posted on August 21, 2007 and she makes some very good stock recommendations. by the past 18 months that I have been looking at her picks versus those of James Cramer, I have found that you would have done better with Hilary.

While giving her full credit for her stock picking and market coverage I find I must strongly disagree with a statement she made. Cautioning viewers that ” There is going to be a meltdown” is not overly alarming, but I take great exception to her stating that “This market can go down 25%.” She

shared her fear that there are 9000 hedge funds and that 3000 might shut down.

It is possible that citizens may panic in assured circumstances and the market can stray into irrational short-term behavior once again, but I find her reasoning a little soft. Let’s assume that the 9000 hedge funds own 50% of the total fairness in the stock market (they don’t) and one third go out of trade, that would equate to a 15% break down of value (unscientific, I know, but there is some correlation).

Continue reading Kramer said a possible 25% market break down?

Original post by Sheldon Liber

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