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Why CNBC shows Liar Jim Cramer Weekly?

  • #21
  • Dec 27, 2008 7:03am Dec 27, 2008 7:03am
i find Cramer entertaining, he is such a clown

btw, has anyone read his book - confessions of a street addict ?
Twitter: @forexpokerpro
  • #22
  • Dec 27, 2008 7:54am Dec 27, 2008 7:54am
Laff. Only reason I ever watch him, he's entertaining.

"THEY KNOW KNOWING!" blaring into the mic... lol. I think we can all relate to that whole "WTF are these bozos doing?!" feeling.

But yea, don't trade on his advice. Anyone stupid enough to trade on advice (rather than their own proven methodology) deserves what they get. If you're a long term investor... well, I doubt it'll matter anyway. DCA in, hold for 5 years, I doubt you'll lose money.
  • #23
  • Dec 27, 2008 8:24am Dec 27, 2008 8:24am
Quoting sonicdeejay
http://www.youtube.com/watch?v=JfP8ad5ZI0g

One instance here...

Sonic
This guy must have lost a chunk on Cramer's calls

I think Cramer's downhill started when he screamed "DO NOT SELL BEAR STEARNS" which lost 90% of its value in the following Sunday evening
  • #24
  • Dec 27, 2008 11:29am Dec 27, 2008 11:29am
Quoting SpamHam
maybe some elites use this type of show to rally up the stock market temporarily to allow a few people to sell off their stocks?
could be a possibility. lol
Cramer does this himself actually. There's an interview of his out there on youtube where he talks about manipulating stocks for his own gain like that.
  • #25
  • Dec 28, 2008 5:51am Dec 28, 2008 5:51am
Quoting Skyhook
Cramer does this himself actually. There's an interview of his out there on youtube where he talks about manipulating stocks for his own gain like that.
I'm not saying that he himself is corrupted through bribary but I'm saying that maybe these 'types' of shows 'could' be-- I mean, if you were hosting a tv show for a few hundred thousand dollars a year and someone comes in and offers you 5 million bucks with their 'reasons' of why their stock tips are viable then hey? I mean, they all got families to raise, I don't think it's an impossibility.

I'm just saying that corruption lies everywhere because of this monetary system, we just have to be careful not to fall into the pitfalls laid out every second corner.
Just keeping an open mind.
  • #26
  • Last Post: Dec 28, 2008 6:14am Dec 28, 2008 6:14am
Quoting SpamHam
I'm not saying that he himself is corrupted through bribary but I'm saying that maybe these 'types' of shows 'could' be-- I mean, if you were hosting a tv show for a few hundred thousand dollars a year and someone comes in and offers you 5 million bucks with their 'reasons' of why their stock tips are viable then hey? I mean, they all got families to raise, I don't think it's an impossibility.

I'm just saying that corruption lies everywhere because of this monetary system, we just have to be careful not to fall into the pitfalls laid out every...
Ofcourse, money makes the world go round!

There are alot more things I would do for money than things I wouldnt do. Every man has his price.

Leon
Living the adventure in my head.
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