Re: does cramer make the stock market move?
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Cramer is like most other tipsters. He gives people what they want and not what they need. He makes his show all energy and excitement, which is bad news if you're trying to make rational investment/trading decisions.
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Absolutely. Cramer often makes stocks move. Sometimes the wrong way. [img]/images/graemlins/smile.gif[/img]
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Giving a buy tip is only about 10% of what you need to consider before you buy a stock - but it's the one 10% that most people are interested.
You can't make money consistently by only considering 10% of a strategy.
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Cramer will sometimes hype a complete turd. This is a beauty short if you can research it quickly enough and smoke it out. He often does little or no research on his pumps. Or sometimes he knows he's hyping crap, but he's got friends that are stuck, and he tries to bail them out. Cramerplays can be profitable if you are quick.
Be aware that Cramer has a radio show during trading hours. Sometimes people will pile into something on his pump during a radio show. Then when he mentions the same stock on tv after-hours, the morning buyers dump into the tv buyers. That's why you'll sometimes see huge volume but the stock doesn't go anywhere.
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