Tuesday, March 10, 2009

The Daily Show: In Cramer We Trust

The next installment in my Market Wizards series is 90% complete. I will either publish it midday today or just wait for pre-open tomorrow. Until then, enjoy...



UPDATE: Meanwhile, Barry says get long pitchforks and torches...

5 comments:

Anonymous said...

yeah cnbc sucks and all but out of context is unfair. stewart is kinda of a dick. im waiting for the backlash on him. isnt his dissociated humor so cute and great. he should go hang out w/ the aging hipster kunts in williamsburg and whine about everything while drinking african coffee and wearing knit hats in the summer.

Dinosaur Trader said...

Wait, did you watch the clip? What was out of context there with Cramer telling everyone to buy BSC?

-DT

Anonymous said...

cant freeze his calls as absolute- things change. didnt say put all your money in, plus fundamental dynamics later changed. sure you can take it out of context and imply he meant put all your money in a never sell it.

Dinosaur Trader said...

Dude, he put the dates on those calls. Cramer said straight out 11 days before BSC went to $2, when it was trading over $60, to buy it... what's out of context there.

Unless Cramer came out within those 11 days and said he was wrong and that you should sell BSC, I don't see the problem at all.

-DT

The Scrub said...

When you go on TV like Cramer does and make a ton of money because of your "expertise", you should expect to be ridiculed when you screw up as bad as he did when he said Bear was okay.