CNBC - Cramer's Mad Money
- Thread starter LaSalle
- Start date
Rev Shark
Too Many Bulls
6/24/05 2:46 PM ET
I certainly agree with Jim Cramer's column, "Too Many Bulls Spoiled the Market," in which he states that the reason that the market fell is because there were too many bulls.
Exhibit "A" for that proposition might be his bullish calls on Microsoft (MSFT:Nasdaq) and Cisco (CSCO:Nasdaq). That is exactly the type of bullishness that helped create the psychological support for the market to reverse.
I'd love to hear Jim's comments on that.
No positions in stocks mentioned.
ouch. this was posted on real money.
Too Many Bulls
6/24/05 2:46 PM ET
I certainly agree with Jim Cramer's column, "Too Many Bulls Spoiled the Market," in which he states that the reason that the market fell is because there were too many bulls.
Exhibit "A" for that proposition might be his bullish calls on Microsoft (MSFT:Nasdaq) and Cisco (CSCO:Nasdaq). That is exactly the type of bullishness that helped create the psychological support for the market to reverse.
I'd love to hear Jim's comments on that.
No positions in stocks mentioned.
ouch. this was posted on real money.
Breakdown is that people who follow on whims and don't research will not learn how to trade or why cramer made those calls. They will be subscribing to action alert plus forever. But i guess thats ok for some
Therefore i retract my "idiots" comment
But rather say
Sure action alert plus is good for the part timer
But for most of us here we would rather learn than follow blindly
just listened to cramers radio show. cramer is sounding negitive. fade time?
Looks like he's trying to dissuade people from daytrading his picks now. Someone wrote in complaining about how, I think, CSCO had gone down $.50 a day after Cramer's buy recommendation. Cramer responded that his recommendations are for stocks that he believes will go up during the second half of the year, "not the second half of the show".
Live In Play
From Birefing.com Data Feed:
29-Jun-05
07:43 Addressing the Mad Money Controversy, Yet Again
Appears quite a few people were on vacation when we addressed this issue last week, as we continue to receive feedback from readers criticizing our decision to post a daily summary of stocks highlighted on CNBC's Mad Money. To be brief, recent comments by Cramer have moved stocks; our readers want to know why a particular stock is moving; our job is to report why stocks are moving; vast majority of feedback from readers indicates they like the summaries (if for nothing else to fade the stocks mentioned on the show); some readers even like the show; we would prefer not to have to watch the show and will gladly stop posting the summaries as soon as the show no longer moves stocks.
From Birefing.com Data Feed:
29-Jun-05
07:43 Addressing the Mad Money Controversy, Yet Again
Appears quite a few people were on vacation when we addressed this issue last week, as we continue to receive feedback from readers criticizing our decision to post a daily summary of stocks highlighted on CNBC's Mad Money. To be brief, recent comments by Cramer have moved stocks; our readers want to know why a particular stock is moving; our job is to report why stocks are moving; vast majority of feedback from readers indicates they like the summaries (if for nothing else to fade the stocks mentioned on the show); some readers even like the show; we would prefer not to have to watch the show and will gladly stop posting the summaries as soon as the show no longer moves stocks.