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Old 04-05-2009, 08:31 AM
 
Location: LEAVING CD
22,974 posts, read 27,016,029 times
Reputation: 15645

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Quote:
Originally Posted by pghquest View Post
So things are not getting better?

Who has made some individuals (including himself) extremely rich in the market. Yes, usually its the idiots who get rich and know what they are talking about, thats what makes them idiots to us "common" folks who arent..

About what part? The economy is, or is not getting better, you werent very clear on where you stand.
So please,please put all you have in the market right away! If all who think like you do invest now the market will go up more allowing me to recoup my losses and get the heck out!
So INVEST TODAY!!!!!!
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Old 04-05-2009, 02:11 PM
 
Location: Socialist Republik of Amerika
6,205 posts, read 12,863,746 times
Reputation: 1114
I love Kramer... you remember the episode where he kept the license plate
ASSMan. Hilarious.

Oh you mean CRAMERIcA CRAMER.... maybe it was his plate all along....
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Old 04-05-2009, 02:14 PM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by jimj View Post
So please,please put all you have in the market right away! If all who think like you do invest now the market will go up more allowing me to recoup my losses and get the heck out!
So INVEST TODAY!!!!!!
I have been investing in the market (among other things like real estate). If you need to waiting for others to jump in so you can recoup your losses, you bought the wrong stocks and most likely shouldnt have been in the market to begin with..

What part of my posting did you not agree with? Cramer has not made lots of people lots of money? The economy is not getting better? What part exactly?
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Old 04-05-2009, 02:28 PM
 
504 posts, read 902,536 times
Reputation: 155
Quote:
Originally Posted by ViewFromThePeak View Post
That means it's going to get very very bad if Cramer thinks things are going to improve.
I agree with you 100%
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Old 04-05-2009, 03:17 PM
 
6,205 posts, read 7,461,717 times
Reputation: 3563
Quote:
Originally Posted by pghquest View Post
So things are not getting better?

About what part? The economy is, or is not getting better, you werent very clear on where you stand.
Please slow down. In the current stage, nobody can tell where the economy is heading (in either direction). First reality check will be at the end of the year, and even that may be premature. Obama's economic measures will probably need at least a year to work.
Another question is why is Cramer still on TV? (I don't know the answer)
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Old 04-05-2009, 03:22 PM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by oberon_1 View Post
Please slow down. In the current stage, nobody can tell where the economy is heading (in either direction). First reality check will be at the end of the year, and even that may be premature. Obama's economic measures will probably need at least a year to work.
Another question is why is Cramer still on TV? (I don't know the answer)
Sorry, it might be because I'm a conservative but I'm still confused..

Obama, Congress, all of the politicians in Washington, people who have never owned a business, many of which have never had a job outside of public life, can proclaim that things will get better, but Cramer, a guy who makes his living analizing the economy cant without being called "an idiot".. ?
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Old 04-05-2009, 03:57 PM
 
Location: San Diego California
6,795 posts, read 7,289,826 times
Reputation: 5194
[quote=pghquest;8197753]So things are not getting better?

No, things are getting worse. They will continue to get worse for the foreseeable future.

Who has made some individuals (including himself) extremely rich in the market. Yes, usually its the idiots who get rich and know what they are talking about, thats what makes them idiots to us "common" folks who arent..
Cramer made money during a time when all you had to do was buy to make money. As soon as the market began to decline he had no idea what to do and still does not. Anyone who has listened to him for the past couple of years has lost big.

About what part? The economy is, or is not getting better, you werent very clear on where you stand.[/QUOTE

About Cramer being an idiot. Hey, if you like the guy, do what he says, losers are necessary in a market too.
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Old 04-05-2009, 04:18 PM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by jimhcom View Post
About Cramer being an idiot. Hey, if you like the guy, do what he says, losers are necessary in a market too.
I dont like the guy nor do I watch him, occasionally I'll catch about 10-15 minutes of his show every few months.. I just think the name calling was over the line, but the norm for some.
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Old 04-05-2009, 06:47 PM
 
Location: LEAVING CD
22,974 posts, read 27,016,029 times
Reputation: 15645
Quote:
Originally Posted by pghquest View Post
I have been investing in the market (among other things like real estate). If you need to waiting for others to jump in so you can recoup your losses, you bought the wrong stocks and most likely shouldnt have been in the market to begin with..

What part of my posting did you not agree with? Cramer has not made lots of people lots of money? The economy is not getting better? What part exactly?
Have you ever looked at his averages? I did and was not impressed in the least.
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Old 04-05-2009, 07:10 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,334,196 times
Reputation: 7627
Quote:
Originally Posted by jimj View Post
Have you ever looked at his averages? I did and was not impressed in the least.
Yeah, that's very true.
I saw an analysis of his picks a while back - and the truth of the matter is that you're better off betting in Vegas than you are going with his advice. His track record is actually mediocre at best. His biggest skill is that he's a very good self-promoter.

In essence he's a "reactive" analysis - always a little bit BEHIND the curve - and is constantly lurching back and forth depending on what recent events (in the market) have JUST happened (as opposed to what is ABOUT to happen). For example - still pushing the market (as it was tanking), then telling people to stay out of the market for the next 5 (or whatever) years (just as the market is bottoming out), now telling people to get back in the market (AFTER it's just had a 20% gain).

The guy's advice is pretty much worthless one way or the other. As mentioned in an earlier post, he made his reputation in the market at a time when essentially all you had to do was to "show up" and put some money down on most anything.

I've no interest in his opinion one way or the other.

Ken
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