Anyone following Jim Cramer advices ?

If possible, I'd stronlgy recommend mimicking the moves of Steven Cohen before Cramer.

Though I'd agree with the other statement, you sould buy into a no load mutual if you don't have the time.
 
I'm still holding his recommendations from the tech bubble burst. There went my home, my car, half my life savings.

Living at home with mom, still waiting for the rebound. :confused:


But seriously, Cramer is a perpetual bull. Learn about his history with the Naz and the bubble burst. It's a miracle that he is on CNBC.

It's amazing how easy it is to fool the posters of this site, let alone the average public.
 
Quote from VOLUME:

He sucks. The guy got his nuts stomped for three years and finally had great returns last year...when all the indices were up huge.
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Agreed the guy is a douche who played pump and dump for years and threw his underlings under the bus when the Feds came a calling ......... ps he ran fast and loose w/ the stuttering douche maria B on CNBC for years....... ie take a huge posi in some dogshit stock after learning that one of his buddies at goldman MSDW or wherever was going 2 upgrade the stock and then tip the "money honey" who wud immediately broadcast out to all the suckers
 
Quote from rowenwood:

If possible, I'd stronlgy recommend mimicking the moves of Steven Cohen before Cramer.

Though I'd agree with the other statement, you sould buy into a no load mutual if you don't have the time.
More...

Given that Steve Cohen is a Wharton grad, I'd say that this is a solid recommendation.
 
Quote from AC3:

Agreed the guy is a douche who played pump and dump for years and threw his underlings under the bus when the Feds came a calling ......... ps he ran fast and loose w/ the stuttering douche maria B on CNBC for years....... ie take a huge posi in some dogshit stock after learning that one of his buddies at goldman MSDW or wherever was going 2 upgrade the stock and then tip the "money honey" who wud immediately broadcast out to all the suckers
More...

I'd get drunk with Maria B.
 
It appears the most sane for me is to stick with mutual funds.
Any particular fund recommendation ?

I already have a couple of long term investments and was willing to play with more speculative bets but u guys have chilled me down a bit.

I was really lucky last couple of years in the longs (up like 120% mostly from pharmacology). Never tried the shorts thouhg and my greed just wont let me skip it.

Anyways, thanks for all oppinions.
 
i met someone who, as part of his portfolio trades contra-cramer with provisions.

those are, roughly, only trade contra-cramer when he's foaming at the mouth. much of the other time, he flip flops or puts out so many individual recommendations it's impossible to make money except in hindsight.

here's some stuff to check out:
http://www.itulip.com/awards.htm#Cramer

cramer sez "you can invest better than i (cramer) can".
http://www.thestreet.com/_tscs/comment/wrongear/867444.html

doesn't use stops:
http://www.thestreet.com/_tscs/comment/wrongtactics/983712.html

sold out in october of 98 (at the bottom), only saved because his wife came in and bought while he was selling (see his book). also, was bearish when july/october bottom was hit and telling people to 'sell it all'.

hated gold stocks...til feb 03, when they topped...then hated them again while they bottomed and rose up.
http://www.elitetrader.com/vb/showthread.php?s=&postid=185392&highlight=cramer

his classic 'winners of the new world' piece in feb 00:
http://www.thestreet.com/funds/smarter/891820.html

not being able to read briefing.com:
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=19173578&tid=tscm&sid=19173578&mid=95145


there's a ton more, but you've *got* to read those.
 
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