Cramer burning out and comtemplating retiring?

[poyayan]

Bottomline, listen to Cramer on the idea behind each buy or sell. Then, if you agree with him, you have to FIND YOUR OWN ENTRY POINT. Sometimes, that entry point never come.

Main street is buying on the next day he recommend something. Also, each buy has an exit condition which he doesn't stress enough.

I give him credit for teaching a lot of stuff, but people have no concept to do their own risk analysis will get burned and it is not Cramer's fault.

 

[MarkBrown]

Quote from Spooz Top:Volente....if you knew a little more about how he obtained what he claims to be worth.....you would`nt be patting him on his ass & giving him a hug.

I AGREE! most people have no clue and the ones who do will not tell cause their in on it too. mb

 

[TudorJones]

Quote from MarkBrown:

I AGREE! most people have no clue and the ones who do will not tell cause their in on it too. mb

Cramer = money for me. Keep the man on for the next 25 years or so.

 

[scarylarry]

I am going to interpret and translate what I believe Cramers was saying

Quote from makloda:

From Cramer's blog, looks like he is getting so frustrated and feels helpless with people ripping into him:

Last night after I finished the live auction at St. Jude's Wall Street division, I was immediately accosted, right from the podium, by a woman who said I had lost her her life savings.

I was stunned, in part because we had just had a very successful auction and I was proud of the money we raised -- $97,000, which is $10,000 better than we did last year when I auctioned. I was in no mood to hear the catcalls.

Translation: "I can't believe people like this loser of a bitch can find me. I was stunned because I did'nt actually believe people took my bullshit loser calls seriously! I mean, come on, I'm just a loud mouth with a poloraoid of the networks CEO in bed with a hamster. That's how I got this gig."


I had no security there so I didn't know what to do. I said that I was sorry she felt that way, but then she pursued me even as I tried to embrace one of the children who has been cured by St. Jude's. It was bizarre. It was awful. And it comes with the territory of trying to explain and help people pick stocks.

Translation: I didnt have my plastic 38 cal. with me to try and scare her off, so I grabbed one of the little beggers I was not getting paid to auction for and hid behind him.

 

[AKUMATOTENSHI]

Any hear anything about the next book? Most people retire after 30+ years of working. I don't think he is going anywhere.

Akuma

 

[a529612]

Got the link to this on his blog?

 

[NYOBScalper]

Cramer seems pretty intelligent to me. Anyone who listens to what he says and blindly trades off it without proper risk management is a fool. He can't be as stupid as you guys make him out to be because way too much money follows him... way more money than can be explained by retail pikers or even by dumb institutions.

He makes good points, people are just stupid in their expectations of him. I think short of having a time machine or publicly giving out insider information, Cramer's picks will never satisfy the ET Cramer bashing mob.

For the record, I used to hate the man, until I started really watching the show and understanding his mind...

I am a little biased because I like trading the stocks he moves in AH.

 

[blackchip]

None of these boob tube stock touts talk about money management or position sizing.

Maybe they're worried about a securities violation. Who knows.

But they are hugely screwing over their naive audience.

 

[volente_00]

Quote from Spooz Top:

Volente....if you knew a little more about how he obtained what he claims to be worth.....you would`nt be patting him on his ass & giving him a hug.

i believe you are under the illusion that he`s actually a good trader?

enlighten me, from what I've heard he was a better salesman than trader. Sure he is obnoxious and annoying but building 100 mil net worth is no easy task.

 

[MarkBrown]

Quote from volente_00:enlighten me, from what I've heard he was a better salesman than trader. Sure he is obnoxious and annoying but building 100 mil net worth is no easy task.

he can't tell you anymore than i can tell you then we would loose our edge... and possibly a tactic we might one day have to use if we don't already.. good and confused now? great!