Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-07-2008, 04:52 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,382
Quote:
Originally Posted by al_bundy View Post
can't say for sure this time, but the trend is anytime Cramer gets scared, you buy and margin yourself to the max
I think I'll leave the margin to you, Al Bundy.

Ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-07-2008, 06:54 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,543
no way, i think the one time we needed cramer to be wrong he was right

maybe next year
__________________

__________________
al_bundy is offline   Reply With Quote
Old 10-07-2008, 11:24 PM   #23
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Location: North of Montana
Posts: 2,753
Quote:
Originally Posted by haha View Post
I think I'll leave the margin to you, Al Bundy.

Ha
It could be a great time to buy on margin. Wait and see.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
kumquat is offline   Reply With Quote
Old 10-10-2008, 02:57 PM   #24
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,543
the one time we needed cramer to be wrong again, he was right
__________________
al_bundy is offline   Reply With Quote
Old 10-10-2008, 04:02 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Gone4Good's Avatar
 
Join Date: Sep 2005
Posts: 5,381
Cramer's a moron.
__________________
Gone4Good is offline   Reply With Quote
Old 10-10-2008, 04:15 PM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,457
Hey, Cramer said to start buying today (this morning 10:54 a.m. ET):

Quote:
You Must Hold Your Nose and Buy
He says markets have hit his levels and that you must be doing some buying today.

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 10-10-2008, 04:51 PM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
So in other words he's like that ticket lady on the Southwest commercials whose head keeps spinning around and the two different faces say different things.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 10-10-2008, 05:01 PM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,457
Cramer's strategy changes daily.

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 10-10-2008, 07:36 PM   #29
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,543
when we get a rally from the lows like today it usually means a change in sentiment at least for a few months. especially on high volume like this. the fact that the dow and sp500 finished lower doesn't mean that much since both rocketed to positive territory but corrected a bit from the highs which is OK. only thing that bothers me is that we didn't have a lower low just before 2pm, but not sure how important this is in daily action.

similar happened in 1998. the worst day was sometime in september and even though the market closed down it was the turning point. next month was another volitile day but according to cramer not as scary as september
__________________
al_bundy is offline   Reply With Quote
Old 10-10-2008, 07:38 PM   #30
Thinks s/he gets paid by the post
 
Join Date: Oct 2005
Posts: 4,898
Well, he's an entertainer. That's his job. I have found him to be amusing these past months although I know he has lots of fans, how anyone could really take him seriously is beyond me.

Today he said in connection to having your five year stash, you won't be
"sipping that cheap whiskey while sitting on the dirty linoleum floor."

And about the Great Depression#2

"The sequel is always worse than the original."

And that he wants a back room deal (no more talking heads on TV) that government should guarantee all big banks and transactions and debts (!!)

"Bring out the nuclear weapons!"

He also recommended that people read Galbrieth's "Great Crash of 1929" to prepare themselves for the worst. Well, I'll pass on that one.
__________________
Zoocat is offline   Reply With Quote
Old 10-10-2008, 07:40 PM   #31
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
I was watching him on the treadmill. Made me lose my concentration and I hit my emergency stop clip on accident. Great depression 2...
__________________
Notmuchlonger is offline   Reply With Quote
Old 10-10-2008, 08:44 PM   #32
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Gone4Good's Avatar
 
Join Date: Sep 2005
Posts: 5,381
Quote:
Originally Posted by . . . Yrs to Go View Post
Cramer's a moron.
I've got nothing to add to this.
__________________
Gone4Good is offline   Reply With Quote
Old 10-10-2008, 08:54 PM   #33
Recycles dryer sheets
Gardnr's Avatar
 
Join Date: Jul 2008
Location: ENE MO - near STL
Posts: 424
Quote:
Originally Posted by audreyh1 View Post
Cramer's strategy changes daily.

Audrey
Nope, it remains the same.
-Say outrageous and attention-getting things at the top of your voice.
-Make sure you cover all possibilities in a short span of time so that you're right sometimes.
-Provide max entertainment and keep getting that big paycheck for doing so.
__________________
Gardnr is offline   Reply With Quote
Old 10-10-2008, 09:27 PM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,457
Well, you've got to give the guy his "They Know Nothing!" rant from over a year ago where he blasted Bernanke and Paulson for ignoring the subprime mortgage crisis and how it was going to turn into a huge financial disaster if they did not take some actions.

He was prescient about that!

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 10-10-2008, 10:09 PM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,913
I have followed the 'Buckets of Money' advice and have 7 years of withdrawals in cash and cash =. This market isn't fun but we are in a position to sit it out. We don't need to sell anything.

My DD works for a VC so I asked her how this market might impact that industry. She said that major investors (such as pension funds and university endowments) will be adjusting their asset allocations and as a result their % allocated for VC investments will be larger than their target. VC investments may slow and firms with little track record may have difficulty raising money.

When I drooled at the number of bargains she said 'Don't do that', keep my allocation and let the mutual fund managers shop. I don't think they have much in reserve cash to go to the Wall Street Discount Mall, however.
__________________

__________________
Duck bjorn.
Brat is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
ER'd yesterday! walkinwood Life after FIRE 22 05-11-2008 11:48 AM
Bear Stearns - Cramer's double take Running_Man FIRE and Money 15 03-15-2008 09:00 AM
Cramer's take on today Bikerdude FIRE and Money 7 02-28-2007 05:11 PM
Cramer's YTD Return windsurf FIRE and Money 69 12-02-2005 06:11 AM
Anybody ever watch Cramer's Mad Money? riskadverse FIRE and Money 19 07-11-2005 10:41 PM

 

 
All times are GMT -6. The time now is 04:06 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.