Seeking Alpha
Thursday, December 24 2009  |  05:11 EDT  | 
DJIA (DIA) S&P 500 (SPY)

Market Currents

Monday, February 9, 2009
5:38 PM TweetThis
  • Doug Kass comes to the defense of Cramer: "Individual investors are better served listening to Jim Cramer, both with regard to his recommendations and his methodology, than any other business commentator extant." (previously)

This news story has 11 comments:

  •  
    Yeah, except for when he called Wachovia.... the stock tanked and people lost milions...on his recommendation...It doesnt matter if the CEO lied at the time. It was still a bad recommendation.
    Feb 09 05:45 PM | Link | Reply
  •  
    Gee, Doug Kass, who is employed by Cramer's website Thestreet.com, endorses him. No, no appearance of bias there.
    Feb 09 05:53 PM | Link | Reply
  •  
    Is not Cramer a cowboy leading a herd. Follow him if you want to be part of the herd. At your own expense!
    Feb 09 06:12 PM | Link | Reply
  •  
    Which implies just turn off the tv.
    Feb 09 06:21 PM | Link | Reply
  •  
    OH RLY?
    Feb 09 06:53 PM | Link | Reply
  •  
    Touche, but notice there is a deeper meaning hidden in Mr. Kass' words, <methodology> being the key. Indeed, one could postulate that the trick here is watching/suffering Cramer on a daily basis...and then employ the "George Costanza" effect to everything he says...for easy money at the least.

    Quoth the Slingblade, "MMMHMMM".
    Feb 09 08:49 PM | Link | Reply
  •  
    HA!!!! I remember vividly in spring, him jumping up an dow shouting dancing that the bear was over totally over, bye bye BEAR he said.....HE DOESNT KNOW WHAT HE WAS TALKING ABOUT, THANK GOD I LISTENED TO JIM ROGERS NOR JIM CRAZY......actually, come to think of it, if we all do the opposite of cramer , it is a sure win!!!!!
    Feb 09 09:16 PM | Link | Reply
  •  
    An ape may be able to outperform those financial celebrities by throwing a tart to a financial page to select stocks!!!
    Feb 09 10:03 PM | Link | Reply
  •  
    I short Cramer's buys.
    Feb 09 11:11 PM | Link | Reply
  •  
    Is there any stock commentator out there who is more inconsistent than Cramer? He's one of those investors who always thinks stocks and the overall market are going to go whichever way they have been going the past few weeks.

    If DRYS is up ... oh say ... 200% over the course of a month, that means it will continue to go up. If it's down 50%, that probably means it will continue to go down. I've never heard him provide any substantive commentary; it's all (poor) stock psychology.
    Feb 09 11:29 PM | Link | Reply
  •  
    How much did Cramer pay Kass?
    Feb 09 11:40 PM | Link | Reply
Follow Market Currents on
Latest StockTalks
More StockTalks »

From our sponsors: