Since some of you have very strong opinions about Cramer and his new show, Mad Money, I thought it appropriate to share an article one of my friend's son (a law school student in Austin) sent me today.
The article's in the business section and it's by William Deener.
He's seeking comments from those who read it and have watched that show, apparently.
Cramer.. Best of brand... BUY BUY BUY!!
Every market is a bull market if you're in the right stocks.
Great entertainment and one can learn some good information.
Jim’s a joke in bear markets. Take a look at his top 10 picks the start of 2000. If you still held them today you would have averaged a -negative 70%. Bull markets = great performance, but you could throw a dart and have the same effect.
Any thought about any possible effects of GOOG’s decline (and whether or not it’s a temp. thing) on Cramer’s mojo? Lots of “BOOYAH JIM” calls coming in if/when the caller’s down from $400 to $345 on the signature Carmer pick?
[quote=mikebutler222]Any thought about any possible effects of GOOG's decline (and whether or not it's a temp. thing) on Cramer's mojo? Lots of "BOOYAH JIM" calls coming in if/when the caller's down from $400 to $345 on the signature Carmer pick?[/quote]
Most likely he will simply not address it, as if it never happened, and his producer will not let any callers through who want to talk about it. Just my guess.
I'll have to TiVo the show and see if I'm right.
He did address DICKS and a few others that he called wrong. Does his brother work for him? Jerry Cramer? BUY BUY BUY BBBBOOOOO YAAA