Wanna Make Some Money? Just Listen to Jim Cramer's Advice - and do the OPPOSITE.

[El Pinko]

Surely you remember Jim Cramer's insistence that tech stocks were the place to put your money right before the tech crash in 2000, or some of the absolute turd-gem stock picks he's given in recent years.

Well, here's some more proof:

http://www.youtube.com/watch?v=9VdEICZr8Mg

It's almost as though he was in cahoots with the fed and big investors, conning the rubes who watch his show into selling right before (fed-engineered) rallies and buying right before crashes.

:eyes:

[ingac70]

1. I bet all his money...

is tied up in gold and foreign currencies. Right now the stock market is for suckers.

[Captain Angry]

2. I read that Cheney's money was in foreign investments a year or so ago.

I doubt that changed much.

Cramer, if he is to be believed, is not allowed to own stock personally. He is allowed to buy real estate though.

I saw him interviewed, and he explained that his contract with CNBC doesn't allow him to have personal holdings, only his trust or whatever can. But he was allowed to buy real estate. He mentioned that he was so excited about the super low interest rates that it made him start looking for places where he could buy low, pay LOW rates for it, and make a large profit on the leasing side. Think major commercial real estate as an example.

He could be full of crap, but that's what he said in an interview about a month ago.

[ingac70]

3. watch this...

http://www.youtube.com/watch?v=OZq50i8puJs&feature=user

[Swamp Rat]

4. They Live!

[El Pinko]

5. Thanks for that, Swampy!

Always love your graphics!