Jim Cramer Is Starting to Sound a Lot Like Lenin [View article]
Actually, it was Keynes who said "When the facts change, I change my mind. What do you do, sir?"
Greenspan said something similar recently in front of congress, which gave me the impression Keynes had been on his mind recently, as it now appears Keynes wasn't such an idiot after all. ( Lenin, of course was an idiot. Big time. ) Maybe Kramer's realizing this also.
Sorry folks, the boom/bust cycle is inherent in the free market system. The last big bust before this one become know as "The Great Depression". If you don't want to go through that every decade or so government needs to serve as a counterbalance to the fluctuations of the economy. Just like Keynes prescribed. When they reduced governments role in the economy, the boom bust cycle increased.
Sorry if reality is so unfriendly to ideologues on both the left and right.
Cramer's Mad Money- How to Invest in a Bear Market (11/25/08) [View article]
What pap!
1) First, the worst should have already happened. How do you know something worse isn't about to happen? You don't.
2) Second, there should be complete capitulation. Complete capitulation would mean there are zero buyers in the market. That won't happen. So how do you know when capitulation is complete enough? You can't.
3) Third, all the buyers should have become sellers to the point where there is nothing left to sell. That won't happen either. If someone is selling, someone else has to be buying. Duh.
Great Advice. He's basically saying the market will keep on going down until it starts going up.
The Two-Ton Wall Street Conflict of Interest Few Dare To Talk About [View article]
Why do you say Obama is "the most left-leaning, anti-corporate president in history"? He's clearly very centrist. Think of him as Bill Clinton 2, who was much better for the economy than the "right-leaning" republicans that preceded him and followed him. If you're a Republican, fine, but don't skewer your economic analysis to fit your political preferences.
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Latest | Highest ratedCramer's Mad Money - Hitting Bottom (4/16/09) [View article]
Then all we have to do is buy a stock when it has hit its lowest point? Why is this information kept secret from the average investor?
Cramer's Stop Trading! Cramer Calls a Bottom (3/26/09) [View article]
SELL! SELL! SELL!
Jim Cramer Is Starting to Sound a Lot Like Lenin [View article]
Greenspan said something similar recently in front of congress, which gave me the impression Keynes had been on his mind recently, as it now appears Keynes wasn't such an idiot after all. ( Lenin, of course was an idiot. Big time. ) Maybe Kramer's realizing this also.
Sorry folks, the boom/bust cycle is inherent in the free market system. The last big bust before this one become know as "The Great Depression". If you don't want to go through that every decade or so government needs to serve as a counterbalance to the fluctuations of the economy. Just like Keynes prescribed. When they reduced governments role in the economy, the boom bust cycle increased.
Sorry if reality is so unfriendly to ideologues on both the left and right.
Oil Speculators: Still Waiting for that 'Thank You' [View article]
The good is oft interred with their bones
What else is new?
Cramer's Mad Money- How to Invest in a Bear Market (11/25/08) [View article]
1) First, the worst should have already happened.
How do you know something worse isn't about to happen? You don't.
2) Second, there should be complete capitulation.
Complete capitulation would mean there are zero buyers in the market.
That won't happen. So how do you know when capitulation is complete
enough? You can't.
3) Third, all the buyers should have become sellers to the point where there is nothing left to sell.
That won't happen either. If someone is selling, someone else has to be buying. Duh.
Great Advice. He's basically saying the market will keep on going down until it starts going up.
Cramer's Lightning Round - Obama In, Hercules Out (11/11/08) [View article]
The Two-Ton Wall Street Conflict of Interest Few Dare To Talk About [View article]