SwingTimer

Musical Chairs - Cramer's Mad Money (10/3/08)

I digress from the topic...but it needs doing. I agree with PokerNut's and User 138602's comments above. Bear with me for a second.

My opinion...Cramer is a baffon without the costume! Why is everyone giving him the slightest credence? Yet he seems to be a mainstay on Seeking Alpha, cluttering up the field of many worthwhile selections to consider. His off-the-cuff casual "musings" aren't worth a dime to any serious investor - but he appeals to Joe Sixpack, I guess. Screeching like a serious candidate for the loonybin and waving his arms like they convey more information than his mouth is, I guess, good for CNBC's ratings (??). (A monkey's antics appeal more to children than adults.) It'll catch up with them eventually, just as an endless stream of idiot shows like "Dogg the Bounty Hunter" shows have destroyed the viewship caliber of A&E. Ten years ago it was one of my favorite networks. Now...I never watch it. The multiple listings of Cramer's "insights" on Seeking Alpha is unwarranted, to say the least.

And Fast Money, also on CNBC, well - if you have a serious twitch of some sort - I guess they'll get the same response from you and Joe Sixpack. Off-the-cuff ASSERTIONS by whoever, no matter the background or lenght of experience in the markets, is worthless to the investor who would assess the facts for himself, make his own decisions, and hold himself accountable for his own success or failure (as opposed to blaming somebody else when things don't turn out quite as planned).

More to the point, though, what makes these shows popular among the "losers" in the market is the opportunity that their in-and-out, flash-in-the-pan, behavior represents for the more deliberate, serious investor. Despite this, I would very much appreciate objective, analytical content on Seeking Alpha that reflects considered opinion based on facts as opposed to baseless assertions.

Help me out guys. Otherwise, as with everything else, "gravity" (lowest common denominator) will ultimately prevail, resulting in slow but effective degradation of the serious and valuable content that we all hope will continue to be available on Seeking Alpha.