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| freeye |
 Posted: Tue Jun 14, 2005 11:50 am Post subject: Jim Cramer's Real Money Radio - no link w/ thestreet.com |
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jim cramer's real money is property of the street.com, the use in the topic title is for identification of the topic only and this topic has no affiliation with thestreet.com any financial decision taken by you should be made based on your own research in consultation with appropriate professionals chosen by you, any financial loss will be your own, the thoughts theories and recommendations given here are solely for the purposes of advancing the discussion and amusement of the participants any preceived value derived by the viewer or participants should be checked out through other credible sources chosen by you to as it appropriateness and accuracy, false statements and claims, along with misleading information or misunderstandings are common and should be expected. thanks for your attention, i have no affiliation with jim cramer or thestreet.com.
also it may be prudent to hold your posts of specific things mentioned on jim cramer's real money national cindicated financial radio talk show until it has been broadcasted to all his market areas, the morning after the broadcast date of the show should due nicely.
i really do not want to get a cease and desist order from cnbc if you know what i mean as the creator of this topic.
the first post on this topic appears below:
Jim Cramer called a bottom on SEARS HOLDING (SHLD) on 06/14/05.
i think this means to stage your investments beteen $133-$139, its recent low price and today closing price, as (SHLD) and the markets indexes are likely to bounce around quite between starting tomorrow (wednesday) thru friday's (triple witching).
i'm just trying to interpret what was said on the real money radio broadcast, would be interested to see your interpretation if you have one or if you developed one through listen to his archived show at jim cramers's real money website.
thanks! freeye
Last edited by freeye on Fri Jul 08, 2005 10:14 am; edited 4 times in total |
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| jumbojack |
| Posted: Tue Jun 14, 2005 12:58 pm Post subject: |
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ok i listened to today's real money show (by the way, thanks for sharing this) and he clearly said: SEARS DONE GOING DOWN. Oh, and did you see the article on his web site?
Sellers Have Been Cleaned Out of Sears
6/14/2005 3:18 PM EDT
By James Cramer
About this article:
Cramer believes Sears' stock is done sinking, right now. Its 20-point shakeout has shaken loose wishy-washy stockholders. It's not an easy ride, but Cramer believes owning a little Sears now is like owning a little Berkshire Hathaway in the '80s. |
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| freeye |
| Posted: Tue Jun 14, 2005 1:33 pm Post subject: |
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thanks jumbojack!
for confirming that jim cramer did call a bottom on Sears Holdings (SHLD) on his real money radio show today 06/14/05.
(SHLD) peaked out on june 3, 05 @ $158 and then bottomed out @ $133.24 recently and closed today @ 138.76. that's about a -15.7% fall from it high.
sure looks like a reasonable entry point area for (SHLD), if someone was looking to establish a position in (SHLD), especially if the markets help us out with a little volatility to the down side with this weeks triple witching on friday that historically causes wild swings to the up and down side in advance of it.
is the whole article "sellers have been cleaned out of sears" available free to the public?
glad my mentioning it was helpful to you. |
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| freeye |
| Posted: Wed Jun 15, 2005 1:46 pm Post subject: |
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hey jumbojack:
grimreaper seems to be a long time technical chart reader and is looking for i think it's called resistance in the $145-150/shr area on (SHLD).
you might want to checkout what the grimreaper has been saying. |
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| freeye |
| Posted: Wed Jun 15, 2005 1:55 pm Post subject: |
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could someone or a bunch of someone's do us all a great big favor and volunteer to watch JIM CRAMER's MAD MONEY television show an give the rest of us run down on who was on and what was said.
who knows if you do it well or at the very least in an entertaining way possibly a few of us will donate some eInvesting$ to your portfolio.
it on every week night i think and it may even be even be rebroadcasted on the weekends on CNBC cable t.v. |
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| jumbojack |
| Posted: Wed Jun 15, 2005 2:58 pm Post subject: |
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i'm not sure why you're recommending me to check grimreaper's posts. i've found much of what he's said here somewhat worthless  nothing personal grim  |
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| Grimreaper |
| Posted: Thu Jun 16, 2005 1:50 am Post subject: |
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CFO
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No problem JJ, but check my posts periodically anyway, the type of person who can benefit most from my info is a person who would do something as ill advised as buying IIJI at 13.00+ after it ran up 500% in about 10 trading days  hopefully fokes took my advice and got out of that pig when they were given a second chance on the trade back up through 13.00, otherwise they will become long term investors by necessity  |
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| jumbojack |
| Posted: Thu Jun 16, 2005 6:07 am Post subject: |
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since i've never invested in iiji i have no idea why you keep bringing it up, except maybe to show off. my question on a different thread was about how AH trading works, instead what i got was a lesson on how you "anal-yzed" this particular stock.
i'm sorry freeye for getting off the subject. but going back to shld, it's now at $151+  |
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| Grimreaper |
| Posted: Thu Jun 16, 2005 6:50 am Post subject: |
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CFO
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And I have no idea why you assumed I was tawkin ta you concerning IIJI, but if you did buy it through 13.00 then yes, I was tawkin ta you  actually, SHLD is trading closer to 153 right now, and the Naz is trading back up off 2079 towards the high, but thanks for keeping me posted, will you let me know when SHLD hits 225? much appreciated  |
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| freeye |
| Posted: Thu Jun 16, 2005 9:40 am Post subject: |
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hey jumbojack!
jim cramer used charts when he was running money at his hedge fund. so i think the grimreaper has something we all could learn from in the form of his analyzing the charts.
correct me if i'm wrong grimreaper but, you see all the fundamentals are in the patterns of the charts. the key is the interpretation of the charts with other indicators, not to be used by themselves.
richard russell's dow theory newsletter talks about this stuff eerily similar to the grimreaper and russell has the longest running continuinously published investment newsletter in the country since about 1958.
you may be able to get a sample copy of it directly from or through inter-library loan parts of it if you interested.
i highly recommend everyone that serious about learning about investing become aware if richard russell's writings; ... since he is in his 70's don't delay.
i figure if jim cramer a successful hedge fund operator saw value in the charts and richard russell been writing about the oldest theory in investing "the dow theory" for so long there has to be something to it.
here's the link if anyone is interested in reading more.
http://www.dowtheoryletters.com/dtlol.nsf |
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| Grimreaper |
| Posted: Thu Jun 16, 2005 10:32 am Post subject: |
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CFO
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| Whoaaaa buddy! I take offense to you comparing me to Jim Cramer I take the charts and try and predict when the funnymentals are getting waaaaay out of line with the price of a stock, either up or down, Cramer tries to take current funnymentals and project them going forward based on what the price of the stock is saying, for instance, yesterday on his show he said he thinks Martha Stewart is out of the woods and gave a buy recommendation to the stock, you can see what his buy call did to the stock price today, but I want you to watch the stock (symbol MSO) from here on out, I totally disagree with Cramer about MSO, it appears my outlook for Naz 2100 will be proven correct, although it really only needs to get through 2097 as far as I'm concerned, some stocks will already begin to correct before the Naz even gets there, MSO may be one of them. |
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| freeye |
| Posted: Thu Jun 16, 2005 11:20 am Post subject: |
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no offense intended grimreaper!
just pointing out that the grimreaper and jim cramer both use the same or similar charts as a part of their investment decision making process.
so you are saying that you look at the fundamentals to start out with then you pull out the charts to see if the chart seems to be over reflecting the fundamentals or under reflecting the fundamentals?
then you predict and upward or down direction for the furure stock price.
is that about how it works? |
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| Grimreaper |
| Posted: Thu Jun 16, 2005 11:31 am Post subject: |
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CFO
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| Hey Freeye, just to give you a little more color on my outlook in case you are following along at that charting site I gave you here's my scenario for tomorrow, if the Naz trades up slowly through 2097 on the open I believe the markets will turn down before the day is out, I want to see that 6/7 high (2096) taken out but I don't want it to be taken out with a gapup move to say 2110, if that happens I will revise my outlook from bearish to bullish with the possibility that the 52 week high in the Naz will be taken out on this rally, the Naz can also trade lower on the open down to anywhere between 2075 to 2080, if that happens it can then rally to take out the 2096 high as long as there isn't a very strong move, if the Naz trades down to say 2065 on the open or lower (highly unlikely) then there is a good possibility that this cllosing high is the top and we head lower immediately, I am leaning towards a slightly lower open with a rally through 2096 later in the day, tomorrow is the most important day in the markets since the low was put in down there below 2000 earlier this year. |
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| jumbojack |
| Posted: Thu Jun 16, 2005 11:44 am Post subject: |
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just listened to jc's real money show. he's recommending people to start selling some of your SHLD stock! we'll see what happens on tomorrow's trading now that he's said that.
freeye, i love charts but they're just a tool. someone who says that they can use charts to forsee the future must be truly superstitious. i can give you many examples where i've used VWAP, Jurik, RMA, and other "techniques" for studying charts and you'll see how these stocks i charted lost money or performed poorly, and yeah a few did fairly well. charts are a historic reference; use them along with news, ratings, and financial data on companies with a good product to sell and booyah! that's more likely to be what jim cramer does |
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| jumbojack |
| Posted: Thu Jun 16, 2005 1:22 pm Post subject: |
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i forgot to report some of the other stocks he talked about in his show. these were the ones mentioned during his thursday "stump me" segment. callers ask him about any stock over $2 and if he doesn't know it the caller gets a copy of his latest book.
BABY GKIS PORK PLPC FUN KLIC TCF
he was stumped on plpc and klic. the rest he knew and was bullish on those |
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