Rev Shark Too Many Bulls 6/24/05 2:46 PM ET I certainly agree with Jim Cramer's column, "Too Many Bulls Spoiled the Market," in which he states that the reason that the market fell is because there were too many bulls. Exhibit "A" for that proposition might be his bullish calls on Microsoft (MSFT:Nasdaq) and Cisco (CSCO:Nasdaq). That is exactly the type of bullishness that helped create the psychological support for the market to reverse. I'd love to hear Jim's comments on that. No positions in stocks mentioned. ouch. this was posted on real money.
Breakdown is that people who follow on whims and don't research will not learn how to trade or why cramer made those calls. They will be subscribing to action alert plus forever. But i guess thats ok for some Therefore i retract my "idiots" comment But rather say Sure action alert plus is good for the part timer But for most of us here we would rather learn than follow blindly
Yes, most on ET look before they leap, but why break the balls of some divorcee trying to manage 3 children who probably will do ok by ol' JC. Would you let Cramer run a blind trust for you? Second, Cramer pretty well explains his moves.
or perhaps hoisted upon his own petard. perhaps he should PM youwhat percentages and when to sell. perhaps cramer should hit the button for you also it is just a show. where is your perspective?
Looks like he's trying to dissuade people from daytrading his picks now. Someone wrote in complaining about how, I think, CSCO had gone down $.50 a day after Cramer's buy recommendation. Cramer responded that his recommendations are for stocks that he believes will go up during the second half of the year, "not the second half of the show".
Live In Play From Birefing.com Data Feed: 29-Jun-05 07:43 Addressing the Mad Money Controversy, Yet Again Appears quite a few people were on vacation when we addressed this issue last week, as we continue to receive feedback from readers criticizing our decision to post a daily summary of stocks highlighted on CNBC's Mad Money. To be brief, recent comments by Cramer have moved stocks; our readers want to know why a particular stock is moving; our job is to report why stocks are moving; vast majority of feedback from readers indicates they like the summaries (if for nothing else to fade the stocks mentioned on the show); some readers even like the show; we would prefer not to have to watch the show and will gladly stop posting the summaries as soon as the show no longer moves stocks.
Its a funny comment considering briefing will move stocks by simply mentioning them as well - sometimes with less thoughtful reasons than Cramer. Maybe briefing has a problem with competition?
I don't know what the big deal is, TSC prints a recap of both Cramer shows, including all the stocks and whether JC was positive or negative.