TheStreet.com's James Cramer housing market revisionist

[FRED]

The "James Cramer housing market revisionist" pulled from YouTube at TheStreet.com's request video...

The "James Cramer housing market revisionist" video hosted at iTulip...

The "Approved by TheStreet.com Cramer Video."

[zoog]

Re: TheStreet.com's James Cramer housing market revisionist

That's a good one. I like the music, there's almost a hint of Jaws theme there for a sec. Come to think of it, he kinda resembles Richard Dreyfuss in a certain way.

[DanielLCharts]

Re: TheStreet.com's James Cramer housing market revisionist

It's like watching a kid in college trying to sound like an expert while leading a class discussion on a book he didn't read.

[Tet]

Re: TheStreet.com's James Cramer housing market revisionist

He's got a very shiny head, the glare off his head makes it so I'm not quite so sure if I should buy these subprime packages, or if I should buy a lot of them. I've got money stuffed in ironing boards that aren't making any return, now why wouldn't I take some of that money and try to get a 30% return? Only one sure bet to make with the shiny headed Cramer and that's to ALWAYS buy what he's trashing.

[cakins]

Re: TheStreet.com's James Cramer housing market revisionist

The housing bubble is definitely out in the mainstream. Makes me wonder if the bottom won't be reached sooner rather than later.

[Tet]

Re: TheStreet.com's James Cramer housing market revisionist

The housing bubble is definitely out in the mainstream. Makes me wonder if the bottom won't be reached sooner rather than later.

Only so many of these 30% packages out there, certainly not enough to share and it doesn't look like Cramer is doing any sharing. Buy what he's trashing.

[BillMasi]

Re: TheStreet.com's James Cramer housing market revisionist

*Excellent* video editing job.

[FRED]

Re: TheStreet.com's James Cramer housing market revisionist

Only so many of these 30% packages out there, certainly not enough to share and it doesn't look like Cramer is doing any sharing. Buy what he's trashing.

Whether you buy or sell according to Cramer, you still don't beat Leonard the Wonder Monkey.

Since November 1, 2005, Jim and Leonard's overall records are:

Jim Cramer - 138 wins, 138 losses, 48 ties
Leonard the Wonder Monkey - 138 wins, 138 losses, 48 ties

Ongoing Stats:
Jim Cramer is right 49.27% of the time.
Jim Cramer's picks average a 0.24% ROI after 30 days.

Leonard the Wonder Monkey is right 49.95% of the time.
Leonard's picks average a 0.43% ROI after 30 days.

Cramerwatch.org

[Abrey]

Re: TheStreet.com's James Cramer housing market revisionist

Dear Fred: I personally don't have anything against Cramer. My roommate watches him all the time. I find his style annoying: it reminds me of a typical Fox 'News' show. To me, he's just another broadcast hack trying to make a living. I can't begrudge anyone trying to make a living. Like the RE bubble, he's done pretty well. So far. Has anyone else benefited from his 'advice'? Does anybody know? RE isn't the only thing Cramer talks about. My roommate never talks about him so I don't have any firsthand reports. As far as I know, the basic financial advice: spend with prudence, slowly save your money, budget accordingly, do your research, predates Cramer by generations. What is his appeal? Does he represent a form of 'tough love' to the average viewer? are they scared or uninformed or both? In a way, he represents to me the MSM these days. Six months too late and a bellwether that the Smart Money better have moved on before he alerts the masses. Which brings up another question. How much of what he does is mere showmanship; and how much is any effort, sincere, disingenous or otherwise, to inform his viewing audience? Just my thoughts. Thanks again for posting this video and your ongoing commentary of all things financial. Regards, Abrey

[Jim Nickerson]

Re: TheStreet.com's James Cramer housing market revisionist

I've said on these pages probably more than once, that perhaps 3-4 years ago now, I stopped watching financial news on TV, the main reason for me it was an on-going distraction from being able to think.

Is anyone willing to post something they have garnered from financial TV that has led to a really worthwhile investment decision? If there are not numerous responses to this that demonstrate apparent value, it would seem it offers proof to the lack of real value to watching financial TV.

[istt]

Re: TheStreet.com's James Cramer housing market revisionist

I am in complete agreement with you, Jim. In fact, I recall well how this amateur, Jim Cramer, was pounding the table at the peak of the dot com collapse telling everyone how they had to own all the high fliers. To emphasize his point he said, "JDSU stands for Just Don't Sell Us." Wise Neil Cavuto as well dismissed a guest when the guest suggested the market could be down for some time. Larry Kudlow acts the same way towards guests who think we could be heading into a bear market. Notice how he always has at least 3 bulls to 1 bear and then proceeds to ridicule the lone bear. We'll see how Kudlow's Goldilocks market holds up over the next few months.

[FRED]

Re: TheStreet.com's James Cramer housing market revisionist

I am in complete agreement with you, Jim. In fact, I recall well how this amateur, Jim Cramer, was pounding the table at the peak of the dot com collapse telling everyone how they had to own all the high fliers. To emphasize his point he said, "JDSU stands for Just Don't Sell Us." Wise Neil Cavuto as well dismissed a guest when the guest suggested the market could be down for some time. Larry Kudlow acts the same way towards guess who think we could be heading into a bear market. Notice how he always has at least 3 bulls to 1 bear and then proceeds to ridicule the lone bear. We'll see how Kudlow's Goldilocks market holds up over the next few months.

Good thing for Cramer, sheeple have short memories.

[metalman]

Re: TheStreet.com's James Cramer housing market revisionist

Good thing for Cramer, sheeple have short memories.

isn't cramer just an ad for stock index funds? by your own post...

Since November 1, 2005, Jim and Leonard's overall records are:

Jim Cramer - 138 wins, 138 losses, 48 ties
Leonard the Wonder Monkey - 138 wins, 138 losses, 48 ties

Ongoing Stats:
Jim Cramer is right 49.27% of the time.
Jim Cramer's picks average a 0.24% ROI after 30 days.

Leonard the Wonder Monkey is right 49.95% of the time.
Leonard's picks average a 0.43% ROI after 30 days.

cramer isn't good or bad. he's just a friggin' huge waste of time.

[Green Bear]

Re: TheStreet.com's James Cramer housing market revisionist

We have Armageddon....

http://www.cnbc.com/id/15840232?video=452808336&play=1

[Tet]

Re: TheStreet.com's James Cramer housing market revisionist

We have Armageddon....

http://www.cnbc.com/id/15840232?video=452808336&play=1

For such a bloodbath there didn't appear to be a whole lot of conviction in the selling today, volumes were well below normal for everything I lost my ass on today. Cramer asking Bernieboy to lower rates to help save Wall Street jobs is pretty funny, I wonder how many real jobs get created for each Wall Street job that is lost.