Dow down 700 today, to 8700. Kramer (CNBC, Mad Money) predicted a fall to 8200?

if the government didn't enact the bailout. The bailout was enacted, but is getting off to a very slow start (the devil is in the details). Was Kramer being too optimistic?||| Cramer is not infallible. I remember him saying in early 2007 that the "subprime problem" was insignificant.