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#41
03-20-2007, 09:48 AM
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Re: Jim Cramer\'s show would be a lot better.............
true, accidentally watched some yesterday and he was talking about how he enters a stock he averages down when he can. Buys at a few different price levels as the price drops for those who don't know what that means.
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#42
03-20-2007, 09:56 AM
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Re: Jim Cramer\'s show would be a lot better.............
Intersting Article about short trading
I have no idea what he is implying here, so maybe someone more knowledgeable can translate it to English.
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#43
03-20-2007, 09:57 AM
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Re: Jim Cramer\'s show would be a lot better.............
Jim Cramer has very good contacts and sources of information, but at times his analysis is very flawed. He's also making his buy/sell reccomendations in a vaccuum, and just because he recommends something (even if he's right) doesn't make it a suitable investment for your grandmother.
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#45
03-20-2007, 11:34 AM
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Re: Jim Cramer\'s show would be a lot better.............
I know almost nothing about finance but I do know that Jim cramer has managed to be incredibly successful so I'd imagine there must be some merit to his analysis.
edit: He can be annoying sometimes but FWIW I find him entertaining.
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#46
03-20-2007, 12:16 PM
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Re: Jim Cramer\'s show would be a lot better.............
[ QUOTE ]
I know almost nothing about finance but I do know that Jim cramer has managed to be incredibly successful so I'd imagine there must be some merit to his analysis. [/ QUOTE ] LOL
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#47
03-20-2007, 01:19 PM
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Re: Jim Cramer\'s show would be a lot better.............
[ QUOTE ]
[ QUOTE ] I know almost nothing about finance but I do know that Jim cramer has managed to be incredibly successful so I'd imagine there must be some merit to his analysis. [/ QUOTE ] LOL [/ QUOTE ] Thanks for your insight. Are you disputing that he has been successful? Or do you consider my argument illogical. Obviously success != good analysis but there is definetely a correlation. BTW I'm not necessarily talking about his show but from what I have read/heard he was a succesful trader before Mad Money.
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#48
03-20-2007, 01:27 PM
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Re: Jim Cramer\'s show would be a lot better.............
[ QUOTE ]
Thanks for your insight. Are you disputing that he has been successful? Or do you consider my argument illogical. Obviously success != good analysis but there is definetely a correlation. BTW I'm not necessarily talking about his show but from what I have read/heard he was a succesful trader before Mad Money. [/ QUOTE ] Depends on how you define "successful" and at what you're saying he's been successful. Does analysis have anything at all to do with being a successful TV host? No. Does it have anything at all to do with starting & running an investment website? Maybe, maybe not. Does analysis have anything to do with managing a successful hedge fund? Maybe, maybe not. As I said above, I think most of his success has come due to his contacts and access to information.
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#50
03-20-2007, 02:48 PM
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Re: Jim Cramer
[/ QUOTE ] not everyone at Harvard grew up rich. [/ QUOTE ] While of course your statement is true, it is false to say that everyone who didn't grow up rich is poor. I 'm just saying I'm not ready to buy into the "poor boy makes good" template yet. I will certainly believe he's wealthier than his parents ever were, but I would peg him as coming from an upper middle class or maybe even a middle class working family, both in my opinion, are a far cry from poor. Another clue is I don't see too many poor kids getting stocks handed to them as presents for the 13th Birthday.
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