The House Of Pain

[redrum]

I've visited a few............
But as I started listening to cramer, I don't spend too much time there anymore.
The trick is not to buy right away. (unless you are a professional after markets trader) Ya gotta wait for the "cramer spike" to come down a little bit, or its into the "House of Pain" for a while.
The simple truth about Cramer is that he is becoming a sort of "new age icon"
He makes alot of sense. Most importantly, he makes sense to the a lot of "newbies"
His show is constantly gaining new viewers - it's on at least three times a night in NY. His recent show at Harvard drew over 365,000 viewers,
As his audience continues to grow, and so many viewers keep buying and selling "the cramer picks", his predictions will become (if they haven't already) Self Fullfilling Prophecies.
365,000 viewers buying or selling stocks at X amount of dollars will definitely move a stock.
The entertainment is all icing on the cake!

[InvestingMoron]

What hole did you just crawl out of?

[bobwatford123]

What hole did you just crawl out of?

lol.....that's not a very nice greeting for a first time poster

[roehrigs01]

maybe he meant it like the poster just got burnt by investing too late on cramers recommendation and the stock crapped....as usual... putting him into a "hole"... and learning that lesson the hard way...

[Luc1Grunt]

be nice to new posters.....:lol: :evil: :oops: :mad:

[redrum]

I don't post often on the message boards.
(Too much wine and not enough women?)
I used to take a look at cramer and just turn him off.
After buying in to JDSU in Dec for $2.50, and VTSS in Jan for $2.10, I'm convinced he's for real. (I would never of picked JDSU)
You just gotta wait - time his picks and use the techs.
Of course if your long, you can always pick some of his staple (but boring)v stocks

[Thierry Martin]

Welcome to the board redrum.

There are those who have been following Cramer for years, and then there are probably about 10,000 people a day who come into contact with his radio show or TV for the first time. I hope there is room for both of these groups on this forum.

[optimus25]

I've visited a few............
But as I started listening to cramer, I don't spend too much time there anymore.
The trick is not to buy right away. (unless you are a professional after markets trader) Ya gotta wait for the "cramer spike" to come down a little bit, or its into the "House of Pain" for a while.
The simple truth about Cramer is that he is becoming a sort of "new age icon"
He makes alot of sense. Most importantly, he makes sense to the a lot of "newbies"
His show is constantly gaining new viewers - it's on at least three times a night in NY. His recent show at Harvard drew over 365,000 viewers,
As his audience continues to grow, and so many viewers keep buying and selling "the cramer picks", his predictions will become (if they haven't already) Self Fullfilling Prophecies.
365,000 viewers buying or selling stocks at X amount of dollars will definitely move a stock.
The entertainment is all icing on the cake!

Self Fulfilling Prophecies? I like that idea. Its true that Cramer brings a lot of attention to seldom viewed stocks. Who would have heard of some of the companies that he highlights on each show if it not for Cramer and his crew. But there comes a point when you have to see past Cramer's ideas and into your own ideas because when the Cramer effect wears off on some of the stocks he reco's then you're left w/ a sour taste in your mouth.

[optimus25]

Too many newbies to investing don't realize that there is no simple methodology. Even the pros get it wrong.

My point is, educate yourself. Its not how quickly you make money, but how long you stay in the game. I knew people in the late '90s who made a ton of money then lost a ton of money then quit playing. Those people are now in the real estate market-two years too late.

I believe that investing is a life long process and that we will pick up new ideas along our own road.

[BOOOYAHOOO!]

LOL Interesting! An urban yupster is running a big city marathon and he notices that everybody in da race is wearing the same shoes! So he runs over to a woman sitting at a sidewalk cafe and borrows her laptop computer so he can buy the stock of the company that makes the shoes.....he figures that if everybody is wearing the shoes, the stock just has to move higher!


Jim Cramer's book moves into the top 5 of the best seller list, 365000 fokes show up at Harvard for a taped Completely Insane Money show, Cramer says buy a stock and it rallies in AH trading for 5-20% in less than 30 seconds.

Do you see any similarities between these 2 stories? How do we play Cramer's popularity which is guaranteed to fall once fokes who take his advice get their butts whooped? Short TSCM! LOL

Oh yeah, in another commercial put out by Ameritrade, an online brokerage service who realizes that fokes trade like idiots and that's just the type of client they want...."Dad, I need $80 for these jeans cause everybody has em"
To which "the astute" investor would reply "What are you freakin nuts!" LOL

[madcowdisease]

LOL Interesting! An urban yupster is running a big city marathon and he notices that everybody in da race is wearing the same shoes! So he runs over to a woman sitting at a sidewalk cafe and borrows her laptop computer so he can buy the stock of the company that makes the shoes.....he figures that if everybody is wearing the shoes, the stock just has to move higher!


Jim Cramer's book moves into the top 5 of the best seller list, 365000 fokes show up at Harvard for a taped Completely Insane Money show, Cramer says buy a stock and it rallies in AH trading for 5-20% in less than 30 seconds.

Do you see any similarities between these 2 stories? How do we play Cramer's popularity which is guaranteed to fall once fokes who take his advice get their butts whooped? Short TSCM! LOL

Oh yeah, in another commercial put out by Ameritrade, an online brokerage service who realizes that fokes trade like idiots and that's just the type of client they want...."Dad, I need $80 for these jeans cause everybody has em"
To which "the astute" investor would reply "What are you freakin nuts!" LOL

LOL. That's good BOO. Both the shorting TSCM and your observances of those annoying AMTD commercials. I'll have to revisit this thread for a laugh every now and then.

[Luc1Grunt]

I knew a dude named redrum.....spent his time in places named Sharan, Orgun, Yayakhel.....smoked many cigars and had a great attitude. Ahh, good times.:)

[redrum]

It's only lately I've listened to Cramer. I always use the techs before I buy any stock. But for research on stocks, you can't beat Cramer and his crew.

I have Identical twin daughters. $80 bucks fior a pair of jeans??
My response -
Lets go to K-Mart - - Hmmmm look at the price of that stock :wink:

[redrum]

I knew a dude named redrum.....spent his time in places named Sharan, Orgun, Yayakhel.....smoked many cigars and had a great attitude. Ahh, good times.:)

Did he spell his name backwards like I do? :mad:

[InvestingMoron]

Too bad they weren't running the marathon with CROX, that would be a hoot!

[Luc1Grunt]

yup, in true "Shining" fashion. Here's Johnny!

[redrum]

Markets doing great, so i figured, I got some pretty good stocks lets take a look. Maybe I can lock in some profits. :lol:
But on a day when it seemed just about every stock on the planet was jetting North, Most of my stocks wen't down a little. Except for JDSU, it went up a penny! :x

[church mouse]

I'm doing really well with that one! Got in at under $5.00 (and bought my son some as well for Christmas) and have just been loving this stock. C'mon guys- buy it, don't short it!

Beth Ann

[redrum]

Too many newbies to investing don't realize that there is no simple methodology. Even the pros get it wrong.

My point is, educate yourself. Its not how quickly you make money, but how long you stay in the game. I knew people in the late '90s who made a ton of money then lost a ton of money then quit playing. Those people are now in the real estate market-two years too late.

I believe that investing is a life long process and that we will pick up new ideas along our own road.

The worst thing that can happen - Beginners luck!
It happened to me....... with a penny stock - bought at .28 - spiked to 1.70 - kept buying more - Up about 30 grand, I thought I was the next Warren Buffet,.....
When it tanked...depression, despair, (The Cramer baby button, the oink button, the train wreck) but out of the ashes, a lesson learned, the hard way. Then books, research.... If only I knew back then what an exhaustion gap looked like............................

[optimus25]

Happened to me too, twice. Bought a stock in 1999, CYTO and watched as it went from $1.50 to $21 in a couple of months. Held on to the dog until it dropped back to where I bought it.

It happened again in 2003, IVAN, bought in at $.88, in a stock pool, then kept on buying until it hit $7.50. I had a gut feeling that the stock was beginning to top out but got greedy w/ a price target of $10. Sitting pretty w/ $40,000 in profit, and continued to buy on margin. Stock tanked and lost most of the profit. Walked away w/ only $4,000. Lesson learned. Cramer would have called me a pig.

Now as a professional, I've taken all these lessons as well as true education that trading and investing have given me through the years and have used it to help myself as well as those who want to listen to my rantings about the market.

[sportsmadness80]

Markets doing great, so i figured, I got some pretty good stocks lets take a look. Maybe I can lock in some profits. :lol:
But on a day when it seemed just about every stock on the planet was jetting North, Most of my stocks wen't down a little. Except for JDSU, it went up a penny! :x


Well I guess today on the 15th you were suprised to see it went up big. The stocks in this category I think will go big are JDSU, FNSR and MRVC. Good luck!!;)