Lockstep Investing

Cramer's Mad Money - Paul Krugman Is Wrong (8/10/09)

Yes, because at that time Cramer was right, you had to sell AA and C considering the data available.

What makes me sick is how many people lose sight of what kind of trader Cramer is. He is a momentum trader plain and simple. He will never understand financials, that is why he recommended Countrywide so many times on the way down. But he is a great market movement reader and has a great nose for a bull run. That is how he made his money over the years. Just take the good parts of him and don't listen to his blind spot areas. Or just short anything he is long about for financial reasons.


On Aug 11 09:44 AM Novice Trader wrote:

> Another example of why I ge frustrated with Cramer... not 1 or 2
> months ago, a caller asked about WEN and he responded with a strong
> sell.... Same with AA and C.

What to Buy: Debt

Good article. I definitely think there is upside in corporate debt, but only in specific non-cyclical industries.

seekingalpha.com/artic...

Ford a Likely Survivor of the Auto Industry Crisis

There is absolutely no analysis in this article that I could not get from NBC Nightly News. Give me numbers, give me cashflow analysis on a company with debt out it's ears and rated as junk, give me a look into product line that will drive growth through the downturn, give me insight into how they can turn the unions contracts into competitive advantages, or something. Instead, you gave me nothing.