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Cramer: Preventing Great Depression II

Stock quotes in this article: BAC , WB , JPM , C , MS , GS  

Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Click for details.

In this horribly negative, whatever-can-go-wrong-will-go-wrong era, it is only natural to presume that the $700 billion Troubled Asset Relief Program legislation will do nothing.

But on the off chance anyone is listening, I think there's a way to make the legislation do something (even though I don't think it will send the stock market higher).

I think it could: 1.) Limit the Dow to a fall to 8,400, rather than one to 5,000, and 2.) Keep the coming depression -- no, it won't be a mere recession -- shorter than the Great Depression. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
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SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
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