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re: Is Jim Cramer the biggest idiot out there?

Posted on 11/20/18 at 4:56 pm to
Posted by Tiger Prawn
Member since Dec 2016
21909 posts
Posted on 11/20/18 at 4:56 pm to
I just re-read that thread. Pure gold
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/20/18 at 5:09 pm to
quote:

He is just as clueless as the rest of us when it comes to predicting the markets.


No shite. His show is like every other free TV show out there - it's purely for entertainment.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46193 posts
Posted on 11/20/18 at 10:22 pm to
quote:

Is Jim Cramer the biggest idiot out there?


Well apparently not,

quote:

He is just as clueless as the rest of us when it comes to predicting the markets.


Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59526 posts
Posted on 11/21/18 at 8:32 am to
quote:

Original thread

So Macy's did hit a bottom one year ago.
Posted by GEAUXT
Member since Nov 2007
29253 posts
Posted on 11/21/18 at 8:51 am to
Whenever I hear/see the name Jim, in my head I hear "JIM!!!!!"
Posted by skinny domino
sebr
Member since Feb 2007
14341 posts
Posted on 11/21/18 at 11:08 am to
quote:

Have you ever read the Political Board??
Posted by Enadious
formerly B5Lurker City of Central
Member since Aug 2004
17693 posts
Posted on 11/21/18 at 7:50 pm to
#IWasThere
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 11/21/18 at 8:49 pm to
quote:

As recently as last week he was advocating buying tech stocks as they were on 'sale'. Today he says the market is a 'full blown bear'. If he was really smart he'd have told everyone to sell their equities on October 3rd and moved to cash. He is just as clueless as the rest of us when it comes to predicting the markets.


Do people actually believe there are those that can predict market behavior?
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 11/22/18 at 11:43 am to
Although I don't care for Jon Stewart either, I thought that he did a great job of dissecting Jimmy Jam Cramer for the bad (yet entertaining) advice he gave leading up to the financial meltdown last decade. He's a guy who talks just because he loves to hear himself talk.

He's nothing more than a goofy carnival barker, IMO. And it's a pity that he's led so many people to think of investing (or even trading) as a form of entertainment. But the clowns that run CNBC love the creep because he draws eyeballs (ratings).

I think that the only person who gets on my nerves as much as (or more than) Cramer is Suze "Goylfriend" Orman. Hearing either one of their voices makes me reach for my remote like Matt Dillon reached for his six gun.
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 11/22/18 at 11:52 am to
quote:

May I suggest James Cordier and the hedge fund Optionsellers as a runner up? They made money by selling OTM options with a lot of leverage. He recently decided it would be a good idea to do so with natural gas just before the winter season, the time of major volatility for the NG market.

Now, it should be noted that NG has the nickname 'widowmaker' by traders because of its volatility without the leverage he was likely employing, so it shouldn't surprise you that Optionsellers now has a bad case of the deds.


That was absolutely crazy! And can we say that it's in slightly bad taste to apologize for losing all of his clients' money while wearing his "Sunday go to meeting" watch and cufflinks? Wow... just wow.

Hedge Fund Manager Issues Weird Apology After Wiping Out Clients
Posted by castorinho
13623 posts
Member since Nov 2010
82032 posts
Posted on 11/22/18 at 12:44 pm to
Holy shite that was cringeworthy
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