Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, March 18, 2008

I'm going to Rant.... Cramer what a fool.

OK, here I go...... I'm not sure I have time for this rant this morning. Let me just start by saying, I like everyone. I think Kudlow is interesting to listen to, Cramer has some great ideas, Some of the guys from fast money have good ideas. as well as bad...... Hell I watch Kudlow more than anyone, and yet that guy is so full of shit I can see it in his eyes.

I remember a Cramer bet I made, I did significant research, it was a good bet. but it went down... I lost about 20% on that investment. at 10% he stuck to it, even though it was a dog, and it wasn't performing, I was ready to bail... and on his advice I stuck to it and lost 20%......and had I not bailed, there was another 10% to lose.

But what am I 10 years old!!!!!! I'm a big kid, It's not that I was a fool to listen to cramer, or that he is a fool. It went bad. That happens, I don't know one person who makes perfect stock advice. Yes, even a Typing monkey that hits enough stock tickers can get some right. But his hit ratio is high. The only reason I listen to any of them... Which BTW I rarely tune in, unless I feel like I don't have a good feel for the market. Or I'm out of ideas and need some.

And You fucking Knuckle draggers, it is the most human natural thing for every C rated stock moron, to take a shot at him. He is the most famous guy on wall street. Especially you people who for some damn reason want to be a "Stock Celeb" ... They all want to take out the "Alpha Dog" of stock Celeb. Instead of being 5 years old and trying to take a stick to things you don't like because they won't give you your "Sucker" or "Toy" or whatever. Maybe behaving like a big kid can get you further toward your goals, than acting like you just barely started growing hair on your balls..... BUT I DON'T GET WHY I HAVE TO EXPLAIN THIS TO PEOPLE LIKE THEY ARE MY 17 YEAR OLD NEPHUE.

Overall, what cramer does is a good thing. Assuming you act like and adult and realize he is just giving you ideas, he isn't perfect, or the "second coming". He is just a guy giving out some stock ideas. For the most part you are lucky to get to be able to hear his advice. Certainly he suffers Hubris some times, and makes mistakes, gets too full of himself..... Just like all of us.

For hells sake, Grow up and stop expecting him to be more than human. What is wrong with you people...... OH..... I get it, your Jealous..... Maybe I can forgive you for being a Jealous child, just like I can give cramer some slack for being a bit full of himself and sometimes talking when he should be quiet........ Now if only YOU could be so mature.

If you want to throw stones, how about CNBC which allows "On air" talent to constantly give stock advice. That is where the Dangerous advice is, as people in the audience can't differentiate between "Journalists" and actual "Wall Street Shills"..... but nope it's all about cramer.

Sorry everyone... it's just a rant.

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