ignorant i can agree with.....but foul mouthed?? come one now...i swore once....well twice cause two posts but i was just repeating myself cause you clearly didnt understand what i ment the first time. ok ok...so in your mind cramer is a poor stock picker and trader cause his picks are not getting the same returns as the s&p....which i wont even argue with even though there are only about 350,000 variables your beloved sites leave out when they track his picks....oh like say when he says buy here and sell in 2 weeks....but they are still following that pick 6 months later....or many other variables much like that.....but ignore those and say that yes...this year cramer is below the s&p.... saying that he has no useful information is about as intelligent as saying steinbrenner has no idea about baseball because the yankees didnt win the world series again.......or that troy aikman is a chumnp football player because he doesnt play anymore and only announces on tv. cramer is a better trader than you will ever be and if you think different your an idiot.
STEINBRENNER IS AN IDIOT WHY WOULD PAY JARET WRIGHT ALL THAT MONEY WHEN HE WAS ONLY A MEDIOCRE SEASON BEFORE JOINING THE YANKS AND WHAT ABOUT CARL PAVANO, THEN THERES DANNY TARTABULL, AND WHAT ABOUT KEVIN BROWN. YOU ARE A DOUCHE BAG. KRAMER IS NOT A GREAT TRADER, HE IS KNOWLEDGABLE THOUGH BUT THERE IS A DIFFERENCE BETWEEN TRADING AND MARKET KNOWLEDGE.
in his show he points out trading/investing plays based on that knowledge...what's wrong with that? isn't that what makes a good trader/investor? being creative with information that is out there for everyone and anyone to absorb? just because he says one stock is a buy one week or month, doesnt mean he still thinks it's a buy the next month. he just simply doesn't have enough time on the show to tell people every buying and selling opportunity. he's trying to make creative plays. that's what's inspiring...
THER IS A BIG DIFFERENCE BETWEEN TRADER AND INVESTOR. ONE LOOKS AT THE COMPANY AND WANTS TO KNOW WHAT IT DOES AND EARNINGS AND THAT CRAP. A TRADER LOOKS AT A CHART AND NUMBERS AND BARS AND MAKES A DECISION FOR KNOW NOT WHAT HE CAN RETIRE ON IN 15YEARS. THATS WHY i SAY HE IS MORE LIKE A MUTUAL FUND MANAGER INSTEAD OF A HEDGE FUND. WHO CARES WHAT A COMPANY DOES ITS ALL IN THE NUMBERS
do you think his show would be more exciting if he only made his decision because of bars and line on a chart...nobody would watch that crap. and of course theres a difference between traders and investors. but to say the difference between a trader and investor is that a trader looks and numbers and bars and an investors doesn't is the stupidest thing i ever heard. i don't even want to waste energy on actually explaining how wrong that is. some make trades on TA only, it's not the only way...and it's not the difference at all.
You just don't stop do you? You wrote: "saying that he has no useful information". Where did I state this? I wrote: "a source of market information and analysis that a serious trader can utilize to make money, no way" Seems a bit different don't you think? You wrote: "cramer is a better trader than you will ever be and if you think different your an idiot" Can you quote where in my posts I said I was a better trader? What is your definition of a trader? C'mon madmunny read the posts before you comment on them and then please read what you have wrote before you post.
lol...actually i dont much care...i was just tryin to rile you up and anybody else who was positing negativity about cramer. just so many people come on to ET and bash cramer and i find it funny. The guy is a multi-millionaire from trading/investing in the market and now he is making even more money by telling people how to trade/invest in the market. So for anybody to bash him or say he has no usefulness for a serious trader.....is just foolish.....the guy controlled hundreds of millions if not billions of dollars and didnt pull an amorath so to discount anything he says is your loss. instead of bashing the guy, try to learn how to make money from him.....even if its by havin an "educational" show where you get to act like an idiot throwing chairs and biting the heads off of little stuffed bulls/bears and makin millions from selling bobbleheads..... the guy is a genius.....a rich rich genius
I can't stand Cramer because he takes credit on his MadMoney performance numbers for the afterhours bump that he himself creates on his recommendations. I.e., he recommends BBI on Monday evening which closed at approximately 4.43. If you are lucky you might have been able to get a fill at 4.6 on it after he mentions it, most likely you get into it at 4.7 or higher. That is a 4-6% handicap that you have as a viewer that he does not. He takes credit for that gap up in his performance numbers even though that is not realistic. It is complete b.s. and similar to brokerage houses who use the closing price of the previous day before they recommend a stock to figure out their entry price. Now you may argue that you should wait for the stock to close the gap before buying, but sometimes these stocks don't close the gap for many weeks. By then, he has usually changed his mind on the stock and has already taken the "great gain." He will then say something like "you should have sold", even though he never mentioned selling anytime before on his show. Basically what I am trying to say is that his stated performance numbers are completely bogus and I would say on average he does 3% worse than he says he does on every single position. Last but not least he forces me to watch him because he moves stocks in afterhours trading. I can't stand his voice, can't stand his booyahs, and can't stand his little minions who fawn over him like he is god.
The reason a lot of people bash Cramer is because a lot of people believe that integrity is more important than Fame or extreme wealth. Cramer took a respected endeavor and made it low rent, cheap carnival sleaze and is going to blow out a lot of peoples trading accounts. Rampant public speculation is not a great thing for a society. He gives me a Paris Hilton, Donald Trump, fat middle aged tourist , Jeep Cherokee kind of feeling...I don't like him now..He was less joe six pack 10 years ago..