Cramer on Mad Money: Yesterday vs. Today...

Discussion in 'Chit Chat' started by Port1385, Oct 1, 2008.

  1. Yesterday, DJIA fell 777 points...Cramer says during Mad Money:

    "After today's historic market decline in which the Dow Jones Industrial Average fell 777 points, Jim Cramer showed the viewers of his "Mad Money" TV show Monday what he called the only sure-fire way to make money. He sat on his hands and simply told his viewers to wait."

    "Cramer called today's crash "the real deal," the one he's been predicting since July of last year and the one he's been preparing for when he advised viewers to trim their portfolios, raise cash, buy gold and stick to defensive and dividend paying stocks."

    Today, DJIA up 485 points:

    "You can't become a great investor by watching from the sidelines or giving up after a few losses; you have to be willing to get in the game and stay in it, Jim Cramer told viewers of his "Mad Money" TV show."
  2. poyayan


    To all self-help guru, add this line :

    1) In order to succeed, It helps to have very very short term memory.

    Just like a dog, everyday is a fun new day!!
  3. meanboy


    This was a repeat. One way you can tell is by looking at the wall and you can see that specific things like the calendar he has in the background. Monday, 275 days left, is shown on the calendar. On Tuesday, there is no calendar.

    Maybe, he didn't know what to say because of the huge gains today.
  4. cszulc


    HE RECOMMENDED MTN yesterday after having the CEO on, and look at it today, down more than 6 PERCENT!!!

    He said consider buying MTN and sitting on the sidelines with the rest of the market. WHAT AN IDIOT! MTN was down 6% while THE MARKET AVERAGES were up more than 5%!!!!