Too bad for me. I went back to watching Mad Money. If left to my own reasoning, I would have sold my AAPL shares at 700. BUT Cramer said on several episodes "Don't sell AAPL, just own it". He kept saying "don't sell", as if he knew there was big news ahead. Now I am back to where I was and missed a 15K profit that would have paid for my new furnace and other expenses. Just today he said he had been trimming his AAPL. Did I miss some episodes where he DID say sell? I watch because I tend to think he is honest about trading trends, but honestly I seem to lose when I listen to anybody on TV. I need to do my own thing, but it is hard to watch any of the CNBC programming to glean info but never actually ACT on anything they say. Whine whine #$%$.
First, read Cramers books, especially his first one and watch the YouTube video on how he used to manipulate the markets. Remember his top ten list in 2000 that fell 80 pct and his buy recommendations of bear sterns
Second, watch Bloomberg tv, not cnbc
True. I did watch Bloomberg frequently years ago. I drifted away when Brian Sullivan left the morning spot. But, true, Bloomberg seems to be straight reporting, not the CNBC hype and manipulation. I love Bloomberg Businessweek, and love the newer format. I also prefer to get my "news" on BBC. There's a lot going on globally that we, in the USA are "sheltered" from viewing. BBC gets right into the guts of world news.
He also said repeatedly that Apple is an investment not a trade. Now suddendly he is changing his tune, and pretends he advised everyone to sell. I'm done with Cramer, I have zero respect for his opinions. What a clown
First of all Cramer is a momo trader in his heart, so yes he will flip flop as stocks come in and out of favour. His show is use full for general info on different companies, not for blind trading calls.
Second, Just because its an investment, does not mean to buy and forget about it. You still have to protect your investment, taking profits and stopping losses at appropriate times.
Third, Yes it is a good long tern investment, but I have been trading short in apple recently and will go long again when it bottoms.
Thats has nothing to do with Cramer been a POS.And the only way you find a bottom is when the trend is up.even if you miss the first $30 $40 points up. to hold short at this levels is just plain stupid.Hedge funds will bring this right back up.And the short squeezes will be violent
No, glittergates, I never did sell my AAPL shares. Actually picked up some more around $500. I don't expect to LOSE money on this. I stop myself anytime I even think of watching Cramer or Fast Money. They try to get you to buy when they want to sell. Actually I think
the Public Broadcasting radio shows often give out better market insight through their interviews. I also like Fortune magazine.
He flip flops all the time. H is clinic bi-polar. Buy buy buy, sell, sell, sell. Don't ever listen to him. He is wrong around 80 percent of time, and that's generous. Case in point apple and google. He is not honest.
Always listen to your gut. No someone with no guts.
Read reminesesnces of a stock operator at least 4X, how to make money in stocks, the intellegent investor, watch cnbc on mute only "It doesn't matter what people say, only what the stocks do" Jessie Livermore - 1923
Cramer is a manipulating criminal, either that or he is just plain stupid, and as he has a harvard law degree I think we can rule out stupid.
People talk there book all the time.
I went long CLF and AAPL today, great FA and TA, I have no problem selling for a quick pop either.