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Jim Cramer was right one year ago...

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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 10:31 AM
Original message
Jim Cramer was right one year ago...
I know many don't like him and consider him a nut(he is), but his macro calls have been very good. His calls on specific stocks are so-so...but his macro calls and broad based commentary are worth listening to.

I know there is the Cramer vs Cramer youtube video out there that makes him look disingenuous with regards to the interests of the average American...BUT!...but he was absolutely fucking right in when he was a raving madman saying, "HE (Bernanke) HAS NO IDEA..."

Video below:

http://www.youtube.com/watch?v=I1eSlYtXiro
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 10:41 AM
Response to Original message
1. I have a broken clock that's right twice a day
and that far exceeds Cramer's track record.

Absolutely the last place I look for financial advice is the TV. Second last is the online message board.

Cramer's popularity stems from his yelling and jumping up and down. That's entertainment for people who think they're too posh to watch Springer.
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 10:44 AM
Response to Reply #1
2. That was not advice..that was an editorial.
The business he is in is pretty intense and everyone on a trading desk pretty intense.
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