Has Cramer predicted a bottom to Downey Financial? Here is the evidence. You decide... Here is the video dated June 13th, 2007 which shows Jim Cramer pumping Downey Financial - DSL : <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/rqd3bakgC38&hl=en"></param><embed src="http://www.youtube.com/v/rqd3bakgC38&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object> Next here is the chart: Finally, exactly one year later to the posting of the Youtube Video...
Reminds me of this guy on bulls and bears, Tobin Smith, guy was more bullish than ever hyping up the market saying it was headed higher and thought housing was going to turn around 18 months ago, fast forward to this past weekend and he sounded more bearish than ever.