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David Briggs
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I bought a little XLV on Cramer's advice that the health care sector was bullish even though most everything else was heading south. Sure enough, XLV headed south.

However, looking at the long term trends of the stocks he recommends, I can see that he does align himself with winners. The first Mad Money episode I ever saw, Cramer said "Don't think you can buy low and sell high. You should be buying high and selling higher!" So that's where he's coming from, and a week is just an unrealistically short timeframe to do that with any success that is reliable.

I like Cramer's 25 Rules of Investing. They do seem to encapsulate the wisdom of a lot of years on Wall Street.

And I seriously LOVE the Mad Money show. It really moves fast, and Cramer makes me laugh!

~~David
Post Sun May 01, 2005 8:19 am
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Geoman
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Well, Today Google closed at $260.50 The time you posted it was at $185. I just wish I was in on it when he stated this prophesy!


Phizer went up about $3 a share as well.

Because of this do I believe Cramer? Nope, I don't believe anyone any more ...........

Rich
Post Thu May 26, 2005 8:12 am
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BlankenshipFP
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Oh, Sarah! There you go again, bringing facts into the discussion! Shocked

Jim Blankenship, CFP, EA
Blankenship Financial Planning, Ltd.
www.BlankenshipFinancial.com
Standard IRS Circular 230 Notice Applies
Post Thu May 26, 2005 2:15 pm
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Michael33
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Sarah I think the statment " no one cares about your money as much as you do" is quite obvious, however not always taken heed to.
This Jim Cramer man does make a career of his little show, he has to come up with trades- which becomes dilitued to his opinions, after all he cant talk about the fascinating world of social analytical realtionships of barn yard animals for his alloted time space, however it might be just as useful to one making investment decisions based on his advice... Cool

alright thats a little low... the man is intelligent- but when it comes down to it- does he care whether sarah and I are sippin' colada's on an exotic beach soaking up the sun ??
Post Mon Jun 06, 2005 4:56 am
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spark1098
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I bought one of his "generals" Intel at about 24.11 but not on his advice.

Valero has also run up a couple of points since he recommended it.
Post Thu Jun 09, 2005 10:00 pm
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HALF!!!
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Jim Cramer's Mad Money  Reply with quote  

Ok - So I have been watching too lately.. Tough to not be interested in this Lunatic..As with ANY Stock Picker- Is that like a Nose Picker...hmmmm They get some right and they get some wrong. he is much like an analyst that goes on the news and says...Blah Blah Blah Ginger is going to do this....Blah Blah Blah Ginger and the stock goes up for a while.. The long term is the interesting piece.. So Since the posts Here are updated numbers
April 11 - AAPL - price:43 today:36.60
April 18 - PFE - price: 27.75 today:28.14
April 28 - GOOG - price: 220 today: 271.45
May 2 - STZ - price: 27 today:27.56
May 9 - PNC - price:54.5 today: 54.96

I have tracked 2 other stocks from the 6/6 show - Encana ECA and TurboChef TCF

on 6/6 Close-

ECA 36.26 - Today 39.53 (includes .75 dividend payment too)
TCF 14.00 - Today 17.49

So as his popularity rises - Does his ability to manipulate the prices?? Just a thought - Thought I would throw in my 2 Cents Smile
Post Wed Jun 15, 2005 4:05 pm
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xboxundone
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I think any of these shows are fun to watch... Just as others stated no one cares about your money as much as you do Smile

Post Wed Jun 15, 2005 4:40 pm
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David Briggs
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I don't think Cramer is above listening to someone say "hey, look over here." He is just above saying he heard it from a caller.

~~David
Post Thu Jun 16, 2005 4:46 am
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DavidinNC
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Funny how Jim Cramer is hound I found this site Smile . I have been watching him on CNBC for a week or so, and have to admit I enjoy watching him. However, an entertaining show does not necessarily a good investment make! I'm glad to see someone else charting his recommendations (I just started a spreadsheet to check progress on some as well).

Time will tell on how it pans out. Till then, I'll enjoy his high energy antics and sound effects.

David
Post Fri Jun 17, 2005 3:23 pm
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tvscks
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The market is speculative and bad picks are inevitable. Google DID go to 280 using Yahoo's multiple, just like he said. He was saying it since at least 220. Admittedly, Apple was a bad pick. It's a one trick pony and everyone knows it. With price cuts and competition, the iPod is doomed to Walkman land. Cramer will tell you over and over he doesn't like shorts, so a one week window into his picks is hardly appropriate. Heck, a bad day in the stock market is better than a good day at a Blackjack table. Anyone take the Grey Wolf tip? Don't think Sears is strong? It's up 20 bucks on bad news. Show me another stock that'll pull that off. I'm not saying everyone should run out and buy every stock he mentions, but his reasoning is usually sound. That being said, it takes demand to drive a stock up. Some with strong fundamentals are overlooked and no amount of value seems to get people on board. That's just the way it goes. Use his picks as more of a "flag" to look into his picks and see if they are for you. I suggest cross referencing his picks with the hot sectors and avoiding those outside these areas for now (unless you want to speculate on the next hot sector). Strong sector growth and sound stock fundamentals (Cramer's "best of breed" test) will usually net you some profit in mid to long term trading. If he wasn't so adamant about NOT short selling, I'd complain about his negativity on the auto sector (GM, F, DPH and Visteon all made big moves after he spoke negatively about the sector), but they are junk in his world. China is set to enter the US auto market in early 07, so that'll be that. Imagine paying less for your next car than you did for your last ATV. It's a fun show, but in the end, we're all ultimately responsible for pressing the "buy" button. Use his show as a loose guide, not a rule book.
Post Sat Jun 18, 2005 8:04 pm
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Michael33
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wonderfully written-
Your post has opened my eyes from bias- and made me realize that instead of being for or opposed to Cramer, why not just look at what his trades have to offer, and cherry pick the best ones to your portfolio.. for those of us who dont have alot of time to reasearch our trades, this surly cuts the time down, and commonly he is right, not to mention "entertaining" to many. I figure as long as one does not buy into him blindly, and activly examines his reccomended trades, and then makes a decision! on there own accord, his show is a wonderful tool for profit. Round of applause for the last post! hahah
Post Sat Jun 18, 2005 8:59 pm
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HALF!!!
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Jim Cramer's Mad Money  Reply with quote  

So The Lunatic continues to Rant and Rave...Gotta Love this Guy.. He is interested in Sirius -If I recall and XM Satellite - So which is it?? Started watching Skyworks SWKS - Went up - now flat.. What I am noticing is that the smaller stocks have a wilder chance to ride a good wave from Cramer.. Idea being - Get in - Buy - Get out.. Unless of course the company is actually really solid.. Since I have watched - Which is sometimes - I have seen 3 of his Maniacal picks - all do quite well...Would have made money on them -Encana, TurboChef, and Skyworks..

So My 2 cents - again... Smile Cramer is a well respected Analyst - with a lot of researchers available to him and the ability to get some bubble companies to get on his show and Talk themselves up.. Usually a sound business but a fringe player in regards to stock movement or daily market play.. These companies then get a free shot in the arm worth thousands or millions and everyone looks like a winner.. Cramer is not going to manipulate Apple, or GM or Microsoft They are too big and too heavily institutionalized..That leaves the smaller Cap companies... The Ones that can be more influenced.. This will be an interesting couple of Months to track...
Post Tue Jun 21, 2005 3:04 pm
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David Briggs
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Bob Brinker used to make specific trade recommendations in the QQQQ's (QQQ back then) on his weekend radio show. But one day the SEC knocked on his door and showed him how the trading volume and price action directly correlated to the trade recommendations he was broadcasting. So, he quit doing it.

Cramer will eventually get the same knock on his door, it it hasn't already happened. On last night's show, he made a point of saying that he recommends buys because he is expecting a rise in the price of a stock, not because he is trying to manipulate price. It is so difficult to separate intent from result, though.

~~David
Post Tue Jun 21, 2005 6:21 pm
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xboxundone
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quote:
Originally posted by David Briggs
Bob Brinker used to make specific trade recommendations in the QQQQ's (QQQ back then) on his weekend radio show. But one day the SEC knocked on his door and showed him how the trading volume and price action directly correlated to the trade recommendations he was broadcasting. So, he quit doing it.

Cramer will eventually get the same knock on his door, it it hasn't already happened. On last night's show, he made a point of saying that he recommends buys because he is expecting a rise in the price of a stock, not because he is trying to manipulate price. It is so difficult to separate intent from result, though.


I would think people like him should not be allowed to own those stocks...... that would keep them from being biased.

Post Tue Jun 21, 2005 8:47 pm
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keith geimer
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Re: Jim Cramer's Mad Money  Reply with quote  

I'm with you.

I made the knuckleheaded mistake of buying some apple when it was peaking (on Cramer's advice). It tanked 20% within a week. Luckily I got out without too much damage a few weeks later.

He stopped pushin Apple but never quite owned the error. Regardless, I let myself get hyped.

Still, I watch...I'm a big believer that tech will catch fire as the year progresses and I like to watch him plug my stocks. Just watchin the charts you can tell there are plenty of folks hangin on his words. He can create a mini bounce on any given day.



quote:
Originally posted by sarah
I don't usually watch CNBC. But I heard a radio ad on Monday which caught my interest because it sounded so bizarre. Apparently Jim Cramer has a new show called "Mad Money." The radio ad said that Jim picks a "Stock of the Week" each Monday and that he guarantees that if you invest in the stock, you will make money by the end of the week.

So anyway, I'm obviously dumb enough to be taken in sufficiently so that I ended up watching his crazy show. Cramer seems to transform a stock analyst into a sort of hyper dj. He runs around screaming at everyone who calls in and he never sits down. While I know its all hype, it really looks like he's gonna give himself a heart attack in his search for high ratings.

Anyway, his stock of the week this week was Google. If you bought it on Tuesday morning, you'd be losing money as of today. Last Monday's stock of the week was Pfizer. Again.....losing money. The previous Monday's stock was Apple and again...you'd be losing money.

It's an entertaining show but don't fall for the "Stock of the Week" hype...and remember that just because Cramer says something is true and screams it at you...doesn't necessarily mean its true. Wink
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Post Thu Jun 23, 2005 8:08 pm
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