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| snapplekid13 |
 Posted: Tue Jun 06, 2006 3:13 pm Post subject: Cramer was dumb! |
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Investing Manager
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Back when Google first opened there stock to the public Cramer said don't buy it at $80. He said its going to go down and we should buy it at $50. IT NEVER WENT DOWN JIM NEVER! Now when it reached $250 ( a while back too ) He said BUY IT! Buy as much as you can of it!
So I don't like Jim that much i just watch his show and see what he views on other people things are so how about you? Why do you watch the show? |
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| Grimreaper |
| Posted: Tue Jun 06, 2006 3:53 pm Post subject: Re: Cramer was dumb! |
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CFO
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| snapplekid13 wrote: | Back when Google first opened there stock to the public Cramer said don't buy it at $80. He said its going to go down and we should buy it at $50. IT NEVER WENT DOWN JIM NEVER! Now when it reached $250 ( a while back too ) He said BUY IT! Buy as much as you can of it!
So I don't like Jim that much i just watch his show and see what he views on other people things are so how about you? Why do you watch the show? |
Cramer is as dumb as dumb can be....in fact, he's outright clueless, and he is doing more than any single human being has ever done to prove that you will get your butt handed to ya if you try and trade solely on funnymental anal-ysis. Tonight on Mad Monkey he said GOOG and BIDU look like "safe havens" in here.  What a freakin idiot. Needless to say it is only wishful thinking since Cramer's last buy call on GOOG was when it was at $413 just before their last earnings report. The day after the report it spiked to $450 and of course the idiot said it was onwards and upwards to $500+ Gotta love what he is doing as far as the way he helps eliminate the clueless souls from da mawkets who shouldn't even be trading stocks. The sooner the clueless go bye bye...the sooner orderly markets will resume. And of course Cramer will cause his viewers to lose a ton of $$$ over time...already has in fact if you read somma da beitchin n moanin goin on at the various Cramer based discussion sites...so that's good! Basically he is in the process of eliminating any gains anyone has had who lissened to him bout GOOG....even those who bought at $250 and just held! His last call before this one was to buy at $478 from which point the stock moved all the way down below $350...at which point he said sell....it fell to $330ish and then it rallied to the $413 area where he made the buy call I mentioned before earnings. We'll see how far he lets it tumble this time before he says sell....GOOG will be taking out $300 on the next move down. Remember, his flock of idiots are in at $413 on his last buy call. Is it possible to end up losing a ton of $$$ in a stock that is supposed to be in a long term uptrend?!! Stay tuned sports fans. I watch Cramer because he is definitely entertaining...some of the crap he does when things aren't going his way is just hilarious. I always point out to the natives that it is a good idea to keep an eye on what he says simply because a buy call from him is an extremely good indicator that a top is almost in....so if you own a stock he is touting to the long side....watch out!  |
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| geb9696 |
| Posted: Tue Jun 06, 2006 5:15 pm Post subject: |
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| Grim, I just want to make a note that real fundamental analysis says to run from google. To run as fast as you can. |
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| Grimreaper |
| Posted: Wed Jun 07, 2006 2:15 am Post subject: |
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CFO
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| geb9696 wrote: | | Grim, I just want to make a note that real fundamental analysis says to run from google. To run as fast as you can. |
Oh really! Tell that to Larry Krudlow! According to him earnings are the mother's milk o'de ecomony. That was a purty ding dang dilly darn good earnuns report that drove GOOG up from 410 to 450 just after Cramer said buy. What about all the other companies that reported great earnings and fell from 52 week highs? The fact is that earnings don't matter....the only thing that matters is what sumbody is willing to pay for a stock at any particular point in da cycle. When da naz is trading back below 2000 because Bernanke was forced to raise yet one more time Krudlow is gonna blame it on da Fed....when in reality it is just da mawkets woikin out the excesses. And trust me...there are some excesses that you are not gonna believe existed when you see where some of this stuff ends up!  |
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| Grimreaper |
| Posted: Wed Jun 07, 2006 9:18 am Post subject: |
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CFO
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Looka Cramer's energy pigs collapsing! Thanks Jim! People really have no clue how far this sector is gonna fall. I say HAL for instance will be trading in the 50's before any of the anal-ysts say sell, as right now the popular consensus is to buy da pullback in energy....including the one clown CNBC had on today who said the economy is in trouble but the energy sector is a good place ta put yer $$$.  Now let's see if my thesis that falling energy will have little positive effect on the rest of da mawket comes true. If it do please remember to blame Bernanke! |
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| Grimreaper |
| Posted: Wed Jun 07, 2006 9:44 am Post subject: |
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CFO
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| Just watched Cramer during his 3:30 "I'm a total idiot...BUT I CAN'T STOP TRADING!" segment on CNBC. Wassa matta Jim? Things ainna goin yer way cause you are so clueless? Good! Too bad Cramer is gonna be taking a bunch of clueless idiots down with him. Naaaah, we are getting closer and closer to eliminating the biggest factor there is in why da mawkets do not trade in an orderly fashion....Cramer himself. All those fokes who will lose big are just collateral damage. I luvit when a plan comes together...doanchu?!!! |
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| snapplekid13 |
| Posted: Wed Jun 07, 2006 10:52 am Post subject: |
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Investing Manager
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| I saw that too. We should start a petition and once like 1000 people have signed it we should send it to him! LOL! |
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| Grimreaper |
| Posted: Mon Jul 17, 2006 3:44 pm Post subject: |
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CFO
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| I really enjoyed Cramer's take about when to cut losses on tonight's Cramer's A Mad Monkey show. Instead of going through all the worthless crap which is based on worthless anal-yst's earnings projections he could have made it short and sweet and simply said, "If you buy a stock that I said to buy simply wait until you are down 50% from where I said to buy and then sell" I doan know why he wants to keep trying to convince da masses of idiots that he actually knows what he bees tawkin bout. I see he was touting ABB again tonight so if anybody wants to maximize their losses this would be an egggsalent time ta git started. I lovit when one of Cramer's flock of idiots call in during Lightening Yer Wallet Round looking for guidance on a stock they bought on Cramer's buy wreck and they are now down bigtime....like CIEN for instunce. Cramer's take: "Yeah, I nailed that one but the news that came out brought it down and I have to rate it a don't buy....even though I said it was an 18 month hold" Translation: "yeah, I know I'm an idiot and I'm sick and tired of you clowns appraoching me on the street wondering why my calls lose so much money. Leave me alone and try this next POS I just came up with!" |
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| SpiffWilkie |
| Posted: Mon Jul 17, 2006 6:59 pm Post subject: |
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| Well, after lurking around for a few days, it seems one of the more important rules regarding the market that I have learned here is "don't do what Cramer says unless you want to lose money." Easy enough... |
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| snapplekid13 |
| Posted: Mon Jul 17, 2006 7:01 pm Post subject: |
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Investing Manager
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| No sometimes hes actually right! So i listen to see what he says. |
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| SpiffWilkie |
| Posted: Mon Jul 17, 2006 7:09 pm Post subject: |
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Sometimes, eh? I guess you can't always be on your game 
Seriously though, putting his personal stock picks aside, how would you all rate the effectiveness of his general investing advice? |
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| Grimreaper |
| Posted: Tue Jul 18, 2006 2:03 am Post subject: |
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CFO
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| SpiffWilkie wrote: | Sometimes, eh? I guess you can't always be on your game
Seriously though, putting his personal stock picks aside, how would you all rate the effectiveness of his general investing advice? |
The results of his advice is pretty easy to quantify. The Mad Monkey show began airing when the homebuilding stocks were at the top of their game. Naturally Cramer was pumping them and TOL in particular at the 52 week high. Cramer was buying every single sector that was topping since then and he in fact created many of the sector tops with his bullish calls on his show....like the gold stocks and the fiber optic stocks for instance. I think T.M. Vetelmo will verify what I am saying bout the fiber optic plays. You can go to Cramersmadmoney.com and click on the overview to see what he was saying about various stocks and sectors because a complete overview of each show is logged there. Most of Cramer's picks are down 20%+ since he said buy. Many of them are worse than that. Right now his focus sector is energy stocks trading at or near their 52 week highs so be careful if you are long any of those. |
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| Grimreaper |
| Posted: Tue Jul 18, 2006 1:17 pm Post subject: |
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CFO
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I thoroughly enjoyed tonight's Mad Monkey. I seriously doubt there is anyone on da planet who enjoys watching Cramer go into mental breakdown more than me. Did you see him take his anger out on Spectrum n Premiere Brands?!! Too freakin funny! Ligtening Yer wallet round was pretty interesting too. Looks like ole dumbo Jimbo may have decided to take my advice about letting his flock of idiots know when to cut losses. I noticed he finally said sell on at least 4 of the stocks he recommended at muuuuch higher levels and each of them was down 30-50% from where he said buy. I think it's pretty obvious the way Mad Monkey screens the calls just so Jim can make sure his flock of idiots know where he is coming from. I guess those fokes who are bombarding him on the street with catcalls about what an idiot he truly is are finally getting to him big time! Cramer even nixed his "play of the year" ATI on tonight's Lightening Yer Wallet round!  Jim! You are a freakin idiot! why do you even put yerself through all of the headaches you create for yourself by being a complete idiot?! Take yerself off the air and do da mawkets a tremendous favor! Just thunk i'd put that in there since Cramer says he gets out and checks the trading blogs just to see what fokes be sayin bout him. Did you notice how Jim has taken up da Reaper lingo?! |
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| snapplekid13 |
| Posted: Tue Jul 18, 2006 1:52 pm Post subject: |
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Investing Manager
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| Yes i ahve noticed it lol! You should make your own show lol! |
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| snxster |
| Posted: Tue Jul 18, 2006 2:37 pm Post subject: |
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Investing Associate
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| If you listen to him its basically like fliping a coin. |
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