after listening to his explanation tonight i think it makes sense. he is just taking some off the table.
Cramer is touting South American banks and expensive technology toys in the face of $3.00 gas prices. Who's bags is Cramer carrying and why?
Please forgive my laziness. I don't wanna read the other 97 pages to find the answer . But do you guys think that this show is worth watching as a stock mover? Used to listen to his radio show on evening drives and thought that this guy was ridiculous, but if he has a similar impact to, say, what a Dan Dorfman had back in the day, then I'm gonna start TIVOing Mad Money and trading off the reactions.
http://maddmoney.blogspot.com/ that blog has been pretty good at following the show. He can still move stuff...generally (and as you would think), the smaller the market cap the bigger the move.
It's not like Cramer hasn't said time, and time, and time again, that Investors need to do their own damn homework. They need to stop blaming Cramer for lost money. YOU'RE responsible for your own trades.
Except for the fact that he has delusions of grandeur, is a moron, and presents himself as a guru that has the answers to everything even though he has blown people out of the water repeatedly.
In case you're wondering why Cramer just sounds insane now, he got utterly mocked by Jon Stewart and tried to pick a fight with him media style and lost completely