Hillarious how he recommends the fxi at 31 and says he is paying up for it. Now in his latest video the sky is falling and he expects Dow 7300 to fall before it is all said and done. He also says the s&p osciallator is at 3 and he would not buy until -5. What a clown.
I have been getting hammered on this ETF since I bought it about a week ago. I been hoping the damn thing will turn around....However, bottom line is Cramer makes recommendations based on his experience and available data. Do people really expect anyone can pick stocks with 100% certainty? You win some you lose some.
It amazes me that what he does is not against the law. I guess admitting that you own a stock before you start pumping it would be OK if we all had are own TV show where we could do the same thing. It's a little hard for the average investor to compete (or resists) with that kind of juice.
The whole thing is either a testimate to the toothlessness of the SEC in protecting the public or the value of a Havard Law degree in keeping his sorry ass out of jail; or both.