5 replies to this topic

[Tor]

I lagree with Cramer, that guy is good on the market, contrary to what many people here seem to think. Sorry, but I just by what I see. Personally, I like the down move yesterday, so am going short overnight. I have a stop in at 1565. ALL QUOTES ARE CASH BEFORE ANYONE STARTS GETTING FUNNY ABOUT IT. I am posting real time, so no manipulation etc. On the size I am doing if my stop is hit, I will lose around $30,000. Not massive, but will hurt of course. Good trading.

Edited by Tor, 12 October 2007 - 05:33 AM.

[Drano]

There's a website that tracks Cramer's predictions. Unfortunately I don't have the link. The last time I checked, his predictions about indicidual stocks' direction were correct less than 50% of the time, a week or two after his touts them. So many people watch him that his calls have a very short-term effect in the direction that he announces, the same way that those ridiculous spam emails get suckers to buy penny stocks. To each his/her own.

Edited by Drano, 12 October 2007 - 06:42 AM.

[selecto]

Yes. Here is an example of what can happen. Cramer was all over this name on the Tuesday show, giving it a take-over target of 34-60.

http://stockcharts.c...5793&r=3884.png

[Tor]

good on markets poor on stocks. thats my view. you can bea t a stock but you cant beat the stock market. livermoor.

[nicolasillo]

Cramer is ridiculous

[selecto]

Cramer rocks!