And I've made tens of $1000s, just by noting when a big initial "Cramer effect" runs its course in a couple of days -- and then doing just the opposite of what he said.
Not only is Cramer merely a mildly amusing shill, but the evidence shows that he WAAAY under performs his Wall Street peers. Check out the Motley Fool's CAPS game, where analyst recs are tracked as though they are game portfolios. The average analyst outperforms the average Joe stock picker, but Cramer significantly under performs both the other pros AND the average amateur.
I find it hard to believe you've actually made money relative to the market by following his advice. Maybe if you're, but that's about it.
Cramer is not nearly as pathetic a shill as CNBC's shameless bull Larry Kudlow, Cramer's old TV show partner, who has obviously bought into the populist thinking that bulls are more positive on America than bears, and that more people like people who are positive, thus bulls are better than bears. Say these thoughts are right, so what? How does that make you the most money? It doesn't, so why do it?
Few secure persons of reasoning and intelligence buy Kudlow's Pollyanna BS and follow it.