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Old 06-10-2020, 11:32 AM
 
5,907 posts, read 4,435,761 times
Reputation: 13447

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Quote:
Originally Posted by 1ondoner View Post
Jim Cramer is the king of newbies. He's the Rick Flair cu.m Hulk Hogan of CNBC. Give it some time and you'll cut him off from your financial news sources.

I don’t know. I never really thought of Jim Cramer as a kiss stealin, limosine riding, wheelin dealin son of a gun.

Rick flair has spent more money in spilt liquor than Jim Cramer makes in a year.
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Old 06-10-2020, 12:14 PM
 
1,361 posts, read 553,468 times
Reputation: 1633
Quote:
Originally Posted by 1ondoner View Post
Jim Cramer is the king of newbies. He's the Rick Flair cu.m Hulk Hogan of CNBC. Give it some time and you'll cut him off from your financial news sources.
Hahah.. thanks for the tip. Ironically a friend of mine said the same thing... that he's "full of it." I actually had never heard of the guy until I saw the article but yeah, I'm a beginner having started investing with the crash.

I've been using CNBC as one of my market info sources and when I looked last night his article was on the front page... Of course I read it because I had purchased all the cruise/air stocks back in March. As I said in another thread this whole stock market game reminds me a lot of going to the local casinos... win some lose some. I actually feel safer investing in stocks though... LOL

After I sold the $8k in profits this morning I feel like I'm playing with "house money." $8k in 10 weeks is a run I've never had at a casino... so I'll probably continue investing.
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Old 06-10-2020, 12:31 PM
 
Location: Dude...., I'm right here
1,783 posts, read 1,556,421 times
Reputation: 2017
Here is one of his infamous moments during the GFC (in 2007!). 6 weeks later the market unravelled and mid-town Manhattan was littered with canned bankers carrying boxes as they cleared their offices/desks.

Wild times those were



Jim Cramer meltdown

Quote:
Originally Posted by Zach911 View Post
Hahah.. thanks for the tip. Ironically a friend of mine said the same thing... that he's "full of it." I actually had never heard of the guy until I saw the article but yeah, I'm a beginner having started investing with the crash.

I've been using CNBC as one of my market info sources and when I looked last night his article was on the front page... Of course I read it because I had purchased all the cruise/air stocks back in March. As I said in another thread this whole stock market game reminds me a lot of going to the local casinos... win some lose some. I actually feel safer investing in stocks though... LOL

After I sold the $8k in profits this morning I feel like I'm playing with "house money." $8k in 10 weeks is a run I've never had at a casino... so I'll probably continue investing.
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Old 06-10-2020, 12:49 PM
 
Location: NYC
20,550 posts, read 17,722,651 times
Reputation: 25616
Quote:
Originally Posted by ukrkoz View Post
Kinda tells you, how unstable country is, with complete lack of strong power, torn between two fighting political sides, and, people grasping to any sign of improvement, just to see more problems coming.. Aye?
Instability and lack of clear program at the top is perceived by crowd on subliminal level.
Besides, it is not this year. It is continuous decline since 2008. They extinguished instant problem then with money, but that is not working anymore.
I wait until I - hopefully - recover my 32% loss and sell it all right away. Then will take 20% hit and put cash into what we have left in our home mortgage. Forget those games.
I don't really think the political parties are different parties. They all wag their tails to corporations. These progressives don't realize is that Trump has changed the Republican party. GOP before Trump was mainly a right wing religious party. The Democrats were more centrist until the radical liberals took over. Anyone who thinks the Democrats cares about their needs are foolish. Neither the GOP or Dems care about what you or I need they don't really kneel to the people. So those fake pictures of Pelosi kneeling is all for votes.

Ask those Democrats that voted for Obama and a complete Democrat congress and house did for them. They couldn't even pass the healthcare mandate with control of all 3 branches because the ACA mandate was not what the corporations and elites want.

Now the millennials have missed their biggest investing opportunity as it is slipping away. I believe any stock market correction from here will largely depend on who controls the white house.
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Old 06-10-2020, 01:52 PM
 
5,181 posts, read 3,100,236 times
Reputation: 11057
Quote:
Originally Posted by vision33r View Post
Now the millennials have missed their biggest investing opportunity as it is slipping away. I believe any stock market correction from here will largely depend on who controls the white house.
That would be Goldman Sachs or JPMC.
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Old 06-10-2020, 02:43 PM
 
672 posts, read 443,542 times
Reputation: 1484
Quote:
Originally Posted by vision33r View Post
I don't really think the political parties are different parties. They all wag their tails to corporations. These progressives don't realize is that Trump has changed the Republican party. GOP before Trump was mainly a right wing religious party. The Democrats were more centrist until the radical liberals took over. Anyone who thinks the Democrats cares about their needs are foolish. Neither the GOP or Dems care about what you or I need they don't really kneel to the people. So those fake pictures of Pelosi kneeling is all for votes.

Ask those Democrats that voted for Obama and a complete Democrat congress and house did for them. They couldn't even pass the healthcare mandate with control of all 3 branches because the ACA mandate was not what the corporations and elites want.

Now the millennials have missed their biggest investing opportunity as it is slipping away. I believe any stock market correction from here will largely depend on who controls the white house.
Somebody gets it
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Old 06-10-2020, 06:49 PM
 
Location: NYC
20,550 posts, read 17,722,651 times
Reputation: 25616
Quote:
Originally Posted by TimAZ View Post
That would be Goldman Sachs or JPMC.
Goldman still rules because they've always have one running the Treasury.
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