Sunday, January 17, 2010

Cramer: Brown Win Tuesday Causes Huge Stock Rally

Let's hope so.  Read about it here.  An excerpt:

"Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday's special senatorial election in Massachusetts.

"I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win," said Cramer on Friday's "Mad Money."

"It will be a signal that a more pro-business, less pro-labor government could be in front of us." "

Is Cramer right?  I think so.

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