GREAT book by one of Cramer's "Traders": "Trading with the Enemy" by N.W. Maier. Seems to confirm most folks (on this board) view of Cramer as an 'Insider Info. Hound' vs. much of a trader.
cramer called 9500 again tonight on the show. hes looking good so far this time. the market seems to be building strength here. we will also have all the breakout players chasing the dow now that it broke out today and held. i wouldnt want to short this market other than quick scalps without some kind of weakness showing first.
Re: CRAMER is now onboard by: td_research Long-Term Sentiment: Sell 05/05/03 12:30 pm Msg: 247804 of 247921 Jim Cramer's Action Alerts Plus - Performance Original Cost $ 3,130,315. Current Value $ 2,698,444.00 Total Average Return -13.80 % 2003 YTD Return 7.47 % 00 Performance results listed here reflect values of stocks as of the close of the most recently completed trading day, and take into account dividends paid, interest earned and actual commissions paid. Results are updated overnight and posted prior to the market open the following business day. The 2003 YTD Return figures reflect changes since the beginning of 2003. The Total Average Return figures reflect changes since 1/1/2002.
I believe so. I cross-checked "Market Wizards" and "Pit Bull" somehow (can't remember right now) and felt sure it was him.
big comeback for cramer AA portfolio. now up 20% for the year. as of friday. Original Cost $ 3,130,315.00 Current Value $ 3,001,698.00 Total Average Return -4.21 % 2003 YTD Return 19.55 %
Puhleeze, Cramer's just another talking head, paid to spew out the kinda stuff the amateur trading audience tunes in to hear. Maybe this is what his script outline looks like: Give predictions. Mention "Bull market's in the air". Buy [stock] now. Sell [stock] now. Predict the Dow by year's end. Predict recovery by next half. Cash check. People like that stuff. Real trading tips, like "limit losses", they wouldn't be able to handle, you know that. Makes them tune in, ratings go up, as ad revenues are tied to ratings, revenues go up. That's what its about. AttractAudience = $$. Otherwise, you really think they need to pay Maria B. to tell us that "the market is poised to open higher/lower" every morning?