I agree with you - but to even avoid discussing shorting, or taking a position that's "not bullish" still gives viewers a false picture of their ability to make money int he market. Perhaps that's a good conspiracy theory - don't tell retail folks the whole picture, and just fleece 'em.[1] Shorting is not 'evil' and is just an easy trade and trading technique as being long. [1] - is why I prefer to read thru analyst reports "for institutions" for trading ideas/thoughts as opposed to analyst reports "for individuals." Far too many times you see a SELL rating for the institutions/funds and a BUY rating for individuals. Meaning, I think, that the dumb money is buying when the smart money is selling or has already sold.
Cramer doesn't even own stocks period so you are dead wrong... The only interest Cramer has in stocks is his charitable portfolio AA
it's official, Roubini has gone off the deep end and none of his thoughts can be taken seriously from here on out. the guy is a economics teacher, now he's going on interviews giving his opinions on cramer ? It's obvious now that it's all about his boastfulness than it is his true believes. You can't take him seriously any more.
cramer's performance for his action alerts portfolio, 2002-2008, was a loss of 11+%. how ANYONE can call him a good stockpicker, much less an expert, escapes me.
I'm a big fan of roubini's because he and I think alike as far as our views on the current economy and we were both able to see the cluster fuck of what was coming and going on in the economy. He is a very very good economist. I consider his views and opinions carefully. He feels this is a bear market rally and more crap will unfold in the economy and the worst may be yet to come. I agree wholeheartedly. As far as Cramer....Cramer is an idiot plain and simple. Even prisoners and serial killers have followers as sick as that is so as far as some that watch cramer well that may say something about those investors who watch and listen to cramer. They are fools following a fool. CNBC should report the news. They have strayed from delivering the news to putting on shows with cramer and others. I see a conflict of interest here as a financial news network should not have people on the payroll giving investment advice. If a financial news network wants to conduct an investment show with an internal employee as a moderator that is employed by CNBC that brings on other individuals in the financial community to interview that give advice then I am fine with that. But cramer is embedded in CNBC. He comments throughout the day as the markets are in motion and he does his circus act of a show after hours. This is why Cramer never recommends shorts or shorting. I am sure CNBC frowns upon that and directs him to only recommend stocks go up. Stewart had a good point about it not being a "GAME". A financial news network should not be doing what they are doing with the cramer show as an employee of CNBC. Just my .02$
since we are discussing cnbc......what happened to that dylan rattigan idiot? did he get shit canned from cnbc or is he on vaca?