Jim Cramer having a badddd week

Quote from NY_HOOD:

bloomberg is sooo much better. Cramer could have a decent show if #1 he did'nt recommend a stock every day. #2 they would ban that ridiculous booya shit#3 he would act serious rather than jumping around and yellng;he lost credibility. he also contradicts himself.example- he says technical analysis does'nt work but yet when he first started his show he said he used to dismiss technical analysis until his wife who traded with him said its very important because so many people use it and he then said it is important. now he changes his mind. he now says no after hours trading but again when he first went on the air he said it was very important to find a broker that offers after hours trading. he also said not to use market orders after hours: do you know one brokerage firsm that allows market orders in the after hours or pre-mkt? nobody offers that anyway ! also,he always says "buy best of breed";then he says its ok to sometimes not to buy best of breed. he says to sell ATI in the 60's and calls a guy that still owns it in the 80's a pig. then he says buy more when it goes over 80..the worst advice is when he syas to buy before earnings.if thats not a recipe for disaster i don't know what is.

Now you know the secret of his success. He takes both sides of every argument so he HAS to be correct. He depends on new viewers that haven't been around long enough to hear his contradictions. As long as there are new viewers of his show he will remain on the air. Anyone who has listened to him long enough will know he says whatever is necessary to prove his point at that particular time. Hell, he will even playback the excerpt to make him look like a genius. What the new viewers don't know is there is also an excerpt in the archives that say the exact opposite.
 
Here is the game plan, the Contrarian Cramer Game Plan,

TXN- Buy before the call
AMZN- Buy before the call
BA- Sell before the call
GLW- Sell before the call
AAPL- Buy before the call
CMI- Buy before the call
XOM- Buy before the call
CVX- Buy before the call
Companies reporting earnings on Monday include Texas Instruments (TXN - Cramer's Take - Stockpickr - Rating), which is Cramer's favorite semiconductor other than the more-speculative Nvidia (NVDA - Cramer's Take - Stockpickr - Rating). It was barely down today, he said, which was impressive. "If it comes down after its earning report, yes, you want to buy some TXN." But not before earnings.

On Tuesday, Amazon.com (AMZN - Cramer's Take - Stockpickr - Rating) reports. "Whatever people say, Amazon will be viewed negatively," Cramer said. "So wait till it comes down to buy it."

As for Boeing (BA - Cramer's Take - Stockpickr - Rating), also Tuesday, Cramer said he's not backing way. He said he bets it's just biding its time before it hits $120.

The "one stock in the whole darn Game Plan I would actually buy" ahead of its earnings report, also Wednesday, is Corning (GLW - Cramer's Take - Stockpickr - Rating). Cramer owns Corning for Action Alerts PLUS, his charitable trust.

Apple (AAPL - Cramer's Take - Stockpickr - Rating) hit its 52-week high today, Cramer said. "I like this story very much, but I am being so, so, so hoggish," he said. "You've got to take a little off."

Cummins' (CMI - Cramer's Take - Stockpickr - Rating) run is probably not over, "but after CAT, do you mind if I take a few profits?"

To stay in Exxon Mobil (XOM - Cramer's Take - Stockpickr - Rating) and Chevron (CVX - Cramer's Take - Stockpickr - Rating) without ringing the register a little, Cramer said, is "total greed. ... Wake up and smell the gasoline!"
 
On Friday's July 20 show he did recommend taking profits before next weeks earnings reports. He probably doesn't want to get blame for people losing money on some of his picks. Such as Google.

Cramer is amazing, his call for DOW 14,500 appears to be correct.
 
Cramer is amazing!!!!! Hell yes

The one thing that does drive me crazy with Cramer is the fact that he bounces around about his buy and sell recommendations.
One day buy apple two days latter sell.
I see why people told him that: he was driving himself crazy everyday at his hedge fund. I guess this is the type of temperament it takes to be good at day trading????
 
Quote from timcar:

Cramer is amazing!!!!! Hell yes

The one thing that does drive me crazy with Cramer is the fact that he bounces around about his buy and sell recommendations.
One day buy apple two days latter sell.
I see why people told him that: he was driving himself crazy everyday at his hedge fund. I guess this is the type of temperament it takes to be good at day trading????

What kind of bubble-gum do u chew? You keep believing Cramit is amazing and you'll do really really well. Hhahahhahaahahaha, man you guys make my day.
GT
 
thanks frank now iv got a craving for kool aid

<object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/xzoYQ41Yd0Q"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/xzoYQ41Yd0Q" type="application/x-shockwave-flash" wmode="transparent" width="425" height="350"></embed></object>
 
Back
Top