Michael Delaney

Cramer's Mad Money - Is the Game Over? (4/6/09)

"Cramer is a complete idiot. This is the same guy who cost many people their entire stock last year because he told them to do something."

That's BS. Cramer did not cost you any money. You are responsible for your own trades. Take the credit when your picks go up and take the responsibility when they go down. If you bought a stock because somebody on TV told you to, you are the idiot, not Cramer.

"Didn't he learn ANYTHING from the thorough rip-up Jon Stewart did on The Daily Show?"

All I learned from that show was how manipulative Jon Stewart can be. I'm not really a conspiracy theory kind off guy, but I suspect that Jon Stewart and some fellow democrats did not like the references to "Obama-proofing" your portfolio.

And the old video clip of Cramer talking about manipulating the market was taken from Cramer's own website. He was trying to explain to Aaron Trask how the market can be manipulated by bears and he played a bear trader to make the point. Taking that clip out of context (a Daily Show specialty, but usually for humor) was a cheap shot. Before Sarbanes Oxley, was there widespread manipulation? Absolutely. In fact, I suspect it was nearly universal and out of control. Is there widespread manipulation after Sarbanes Oxley? It appears so but it is less flagrant and hard to prove. Did Cramer break the law before Sarbanes Oxley? We will probably never know. Should Cramer be crucified for being mostly bullish? Please! He works for a network that is mostly bullish. Know that when you listen to his spiel. Or don't listen if he bothers you. Change the channel. If he changes his mind on a stock and says you should sell it, don't get mad. Call it flip-flopping if you want, but if you do not agree with him and he bothers you, change the channel. JC700, you sound like you are wound a little too tight. Remember, investing is supposed to be fun.