Jim Cramer Goes Nuts on CNBC
- Thread starter MrDODGE
- Start date
Amen to that...
<img src="http://www.enflow.com/p.gif">
Aneurysms are no joke. I knew a guy that was an Executive for Ford Motor Credit that had an aneurysm and he was never the same person again. He went from being an executive at a proud American company (Ford 80's-01) to functioning as an entry-level admin. He was given the admin job out of compassion but eventually as F's problems manifested the compassion ended too. He had a 7 figure home and a long list of expenses...everything changed instantly all because of a burst blood vessel.
Cramer is nuts, but people should have CNBC on mute anyway! He should relax for his own health though.
Cramer is nuts, but people should have CNBC on mute anyway! He should relax for his own health though.
I have been monitoring this forum for a period of time and am perplexed why such a collection of experienced investors and traders continue to waste their time discussing the Merits of CNBC and the like.
IMHO, Financial television is best described as Financial pornography: Those who aren't capable of participating satisfactorily seeking voyeuristic thrills.
I would be interested to hear, how, if any traders are able to profit by the biased garbage spewed out by these rating seeking talking heads.
I submit to the fact that Cramer may have some entertainment value, on par with the Simpson's and Southpark, but when it comes to financial advice I believe I would be more successful flipping a coin....
But then again that is just my opinion....
IMHO, Financial television is best described as Financial pornography: Those who aren't capable of participating satisfactorily seeking voyeuristic thrills.
I would be interested to hear, how, if any traders are able to profit by the biased garbage spewed out by these rating seeking talking heads.
I submit to the fact that Cramer may have some entertainment value, on par with the Simpson's and Southpark, but when it comes to financial advice I believe I would be more successful flipping a coin....
But then again that is just my opinion....
CNBC Asia and Europe, Bloomberg Radio, Bloomberg TV - all first rate programming. They have better coverage of US activity too - through the lens of foreigners that wont stand for our financial industry generate PR and BS that passes for market insight. Compare the blurb reports Santelli and that insane looking commod guy from Alaron do for US audiences - then look at the reports they do for the Asians at night. FT way better than WSJ also.
To be polite, I'd say CNBC programming for Americans is tailored to its viewers. Then come the cheesy ads for brokers and drug companies with dancing bags of urine or guys with dick problems telling you to "Ask Your Doctor". WTF? Makes me wonder what Fox has in mind with this "business friendly" idea. :eek:
Hi Trader5287,
I am an expat living in France and I agree with your view of the international coverage of Bloomberg and portions of Europe CNBC, I view these programs regularly to obtain "historic" information i.e. jobs reports, gdp, core inflation #'s, fed statements etc... it is the commentary that I tend to find insulting... they make the stock market appear to be a sporting event, with their retroactive animated analysis... my 3-year old can regurgitate the fact an index increased or decreased 1,2,3,4%. I just do not find any value in their predications on what the market will do next, and therefore do not base my investment criteria on their commentary... as with anything in life, you need to have the intelligence to extract the viable information from the "noise" as in this forum and apply it appropriately... I have read some very insightful posts, and have gained a respect for many of the members here... and hope I in time will able to contribute as much as I am gleaming from the generosity of others.
Happy trading
hwkaiser -
I could not agree with you more on CNBC . Total non sense and a waste of time to watch. I stopped watching them years ago. Back in the late 90âs when we had the day trading boom they were a must watch if you wanted to make a quick buck on Tom Costello or the Faber effect when they highlighted whatever P.O.S low float Internet stock happened to be up that day.
People say you are better off throwing a dart at a list of stocks to make your picks , I say we would be better off throwing darts at the butt head âexpertsâ that CNBC has on instead. Joe Battepaglia is a perfect example , what a tool .
I could not agree with you more on CNBC . Total non sense and a waste of time to watch. I stopped watching them years ago. Back in the late 90âs when we had the day trading boom they were a must watch if you wanted to make a quick buck on Tom Costello or the Faber effect when they highlighted whatever P.O.S low float Internet stock happened to be up that day.
People say you are better off throwing a dart at a list of stocks to make your picks , I say we would be better off throwing darts at the butt head âexpertsâ that CNBC has on instead. Joe Battepaglia is a perfect example , what a tool .
Cramer does his work perfectly to bring newbies into market. Bears need more fish. Cramer is excellent entertainer. He is making a stock market like a fun. So, people(paper) love it, laugh about it and pay for it into Bears pockets. They(Bears) pay Cramer back into his off-shore accounts. What is so complicated about it?
Cramer may be fun until you buy one of his recommendations and lose a lot of money. I don't but a lot of his viewers do.