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Oct 10, 2008 2:57 am

Cramer is a guy in the know and has made some very good calls. No doubt he is from the school of “what’s working now” and his style is a little quirky, but never under estimate his insight.



Oct 11, 2008 2:15 am

i had a client that told me to buy several positions because cramer said so.  i advised him against this.  the guy at so much $hit in the last few weeks that his portfolio makes the recent sell off look like childs play.

Oct 11, 2008 3:38 pm

Ferris…but me down for a percentage of your Bond & Legal Fees. Cramer and his fellow talking heads have created more fear rather than help to explain or educate in these trying times. Cramer you are an Ass!!!

Oct 14, 2008 1:38 am

I wonder how many people sold out of their accounts because Cramer said “I need you to sell anything you would need in the next 5 years”, and missed this nice 10% bounce?

  Oh man, can you imagine the damage done by selling at the lows?  Even if this rally isn't sustained, I would rather reposition down 20% for the year instead of 40%...(hopefully we get to down only 20% for the year).  
Oct 14, 2008 5:49 pm

except that 5 yr $ never should have been in equities in the 1st place

Oct 14, 2008 7:39 pm
newnew:

except that 5 yr $ never should have been in equities in the 1st place

  And that was Cramer's point.  The problem is, the masses only hear what they want to hear.  He's actually a smart guy in a monkey costume.  I never watched him before the past few months.  I tune in once in a while to see what he's saying now (so I know what the he11 people are hearing).  If you can get past the bells and whistles (literally), you can see that he has good insight and is pretty smart.  But people get caught up in his play-calling from the sidelines.  You really shouldn't always take his advice at face value (just like I don't go out and buy every stock I read about on the Motley Fool, or buy every stock that Goldman, or Morningstar, or my firm recommends), but you can pick up some valuable insight and knowledge from him that you can use in your business.  Again, the problem is, people hear him talk, and it's like Moses or something. 
Oct 14, 2008 8:19 pm
B24:

[quote=newnew]except that 5 yr $ never should have been in equities in the 1st place

  And that was Cramer's point.  The problem is, the masses only hear what they want to hear.  He's actually a smart guy in a monkey costume.  I never watched him before the past few months.  I tune in once in a while to see what he's saying now (so I know what the he11 people are hearing).  If you can get past the bells and whistles (literally), you can see that he has good insight and is pretty smart.  But people get caught up in his play-calling from the sidelines.  You really shouldn't always take his advice at face value (just like I don't go out and buy every stock I read about on the Motley Fool, or buy every stock that Goldman, or Morningstar, or my firm recommends), but you can pick up some valuable insight and knowledge from him that you can use in your business.  Again, the problem is, people hear him talk, and it's like Moses or something.  [/quote]   SHUT.UP....you mean he's not?
Oct 14, 2008 8:23 pm

He has found his true calling.