Cramer's understanding of short term market sentiment is incredible. If you watch the opening of Mad Money he has great insight about the day's trading. He is almost always right about why & what moved markets that day. He also sometimes on Squawk On The Street and has good insights about macro factors. I don't pay attention to his stock picks and he seems advocate too much trading for the average investor. His "am I diversified" advice is always good. His advice of using ETFs as a core holding and buying some speculative stocks is good advice. Just the other day he stated why FB is not a buy and that it will go lower. Absolutely spot on. Buffet on the other hand is a scammer like all the billionaires who come on CNBC/Bloomberg. Amazing how so many people buy his grandpa routine.
I've been watching Cramer since the early early days and I have learned much over the years... especially the part about doing your own homework and being responsible for my own trades.
WELP after a rough first few months SJIM is almost back to its initial opening price:- Is that an inverse H&S I see?