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Cramer said buy DAKT into earnings
- Thread starter hitman4gk
- Start date
Quote from hitman4gk:
he said buy before earnings..lets see if he takes responsibility..he did'nt say buy some now and more on a pull back..he said buy before the report,,he said this friday..it was down 8 points today...aonly an idiot would tell people to buy into a report.,.
especially on dakt.. that thing swings like a whore with syph.
checkout cramerwatch.org
He tracks Cramer's picks and compares them to Leonard the Wonder Monkey who flips a coin and either agrees or disagrees with Cramer's pick.
I don't really agree with his W/L methodology for comparison. If one wins by 0.01% one day and loses by 15% the next day it's a tie even though over the two day period there's a significant difference.
Using the W/L idea Cramer is slightly better than the wonder monkey (though it's probably not a statistically significant lead.)
Using ROI as if each recommendation was a trade with a 30 day hold, the Monkey's doubling Cramer (0.15% vs 0.30%, though annualized it's 1.8% return vs 3.6% return.)
I believe the results go back to Nov 2005, when the Nasdaq and SP500 were 15- 20% lower.
It's amazing that anyone listens to Cramer when he's underperforming so badly. He'd even get fired from running a mutual fund at this point.
He tracks Cramer's picks and compares them to Leonard the Wonder Monkey who flips a coin and either agrees or disagrees with Cramer's pick.
I don't really agree with his W/L methodology for comparison. If one wins by 0.01% one day and loses by 15% the next day it's a tie even though over the two day period there's a significant difference.
Using the W/L idea Cramer is slightly better than the wonder monkey (though it's probably not a statistically significant lead.)
Using ROI as if each recommendation was a trade with a 30 day hold, the Monkey's doubling Cramer (0.15% vs 0.30%, though annualized it's 1.8% return vs 3.6% return.)
I believe the results go back to Nov 2005, when the Nasdaq and SP500 were 15- 20% lower.
It's amazing that anyone listens to Cramer when he's underperforming so badly. He'd even get fired from running a mutual fund at this point.
He also made a bad call on aapl back on the 17th of this yr telling people to buy.
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=4&dy=0&id=p40067086478
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=4&dy=0&id=p40067086478