I switch from "Mad Money" to "Good Eats"

[bicentennial_baby]

The life of an Econ major/foodie... :crazy:

[Blue-Jay]

1. I'm surprised that Jim Cramer's head hasn't exploded yet.

[bicentennial_baby]

2. I heard somewhere...

that they actually monitored his BP on the show once, and it didn't really go up at all...Hence my theory that he's a Democratic Cyborg :D

:hi:

[trof]

3. I think he's on meth.

Or some kind of speed.
One hyper guy.

[GOPisEvil]

4. I switch from "To Catch a Thief" to Alton.

:)

[bicentennial_baby]

5. Well, la-tee-dah...

:P

:hi: hi baby!

:*

[GOPisEvil]

6. Now "Unwrapped" is doing Texas foods.

I usually don't watch...

The state fair is "just outside" Dallas? :wtf: It's right in the middle of Dallas. Sigh...off to a great start...

Howdy! :hi::D:*

[bicentennial_baby]

7. Yeah, I don't like that show...

Yawn...Hehe, sounds as good as always. :D

good to see you, my friend!! :*

[GOPisEvil]

8. Oooohhh...we're on to pecans...and PECAN PIES!!!

Millican in San Saba. I've been there - :9:9:9:9

Good to see you too! :bounce:

[Little Wing]

9. I've done the exact opposite of what Cramer says regarding some stocks

and I'm up 92% in 14 months.

[bicentennial_baby]

10. Sometimes he's dead right, and sometimes, dead wrong

But, at least he admits it :)

[Little Wing]

11. In other words, his wisdom is a wash

;-)

[bicentennial_baby]

12. Eh, isn't everyone's?

I mean, forecasting is just that...Kinda like meteorology. :)

[Little Wing]

13. Not mine

as demonstrated by the numbers :D

[Wcross]

14. Mad money is entertaining, but bad advice.

http://internet.seekingalpha.com/article/11461

When Engelberg and his colleagues tested the market data for each of the 246 Mad Money buy recommendations, they discovered the following consistent outcomes for Cramer's stock picks:
- significant short-term price increases (between 1.96% and 5.19%) after he recommended them, but those gains were nearly all reversed within 12 days after the episode;
- large increases in trading volume and buy/sell imbalance over the short term (trading volume for small firms was 3 times larger than normal on the day of the recommendation, nearly 9 times normal on day 1 following the recommendation and 4.5 times normal on day 2); but
- no significant change in bid/ask spreads -- this suggests that the market makers and institutional investors did not regard Cramer's blessing as improving the value of the stocks in question.

_____________________________