Thierry Martin
10-03-2006, 09:46 AM
Having trouble writing down all of Cramer's picks? Want to see if he has just reversed himself on a stock in a show you missed?
Subscribe to the free Mad Money Daily Recap Newsletter. Receive the posting you see below by email, around 11:30 PM EST every night.
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Cramer's Mad Money Daily Recap 10/2/06
We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.
Please do your own research, and verify all information before acting on it. This summary of Cramer's picks is not intended to replace listening to or watching the shows, where his comments about the stocks often include advice about entry and exit points.
The last recap with new stock picks is here ( http://www.cramersmadmoney.com/showthread.php?t=5616)
Monday's show was a rerun of the show aired on October 13, 2005. - "Day of Atonement"
Cramer made the following points:
- investors should learn from their own mistakes, and also the mistakes of others
- many mistakes in trading and investing arise from being too arrogant or too hopeful
- discipline is very important when the market is dropping like it is these days
- never bet against Mother Nature or the Federal Reserve
- sell at the first sign of accounting irregularities and stay out of this kind of stock until the
smoke has cleared completely - Cramer described how he lost $17 million dollars when a stock he
bought got cut in half from an accounting scandal
- The Federal Reserve will keep raising rates until the housing bubble has burst
- do as much homework as you can, and research your investments thoroughly, so that if a stock
you're watching goes down, you know whether or not it is a great buying opportunity or time to bail
out
- strong fundamentals overcome short-term fluctuations
- go after the safe money - stay out of sectors that are having meltdowns, don't invest in a "best
of breed" stock in a sector that is having a hard time
- when Cramer tells you to buy a stock he doesn't want you to throw all your money into one stock -
diversify
- buy, buy, buy doesn't mean buy it all now - it means study and do homework on the stock, and
accumulate your position slowly over a couple of weeks
- Cramer's picks can never take the place of your own research
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Subscribe to the free Mad Money Daily Recap Newsletter. Receive the posting you see below by email, around 11:30 PM EST every night.
Just click here to add yourself to the list. (http://www.topica.com/f/v.html?500008569.500009174)
___________________________________
Cramer's Mad Money Daily Recap 10/2/06
We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.
Please do your own research, and verify all information before acting on it. This summary of Cramer's picks is not intended to replace listening to or watching the shows, where his comments about the stocks often include advice about entry and exit points.
The last recap with new stock picks is here ( http://www.cramersmadmoney.com/showthread.php?t=5616)
Monday's show was a rerun of the show aired on October 13, 2005. - "Day of Atonement"
Cramer made the following points:
- investors should learn from their own mistakes, and also the mistakes of others
- many mistakes in trading and investing arise from being too arrogant or too hopeful
- discipline is very important when the market is dropping like it is these days
- never bet against Mother Nature or the Federal Reserve
- sell at the first sign of accounting irregularities and stay out of this kind of stock until the
smoke has cleared completely - Cramer described how he lost $17 million dollars when a stock he
bought got cut in half from an accounting scandal
- The Federal Reserve will keep raising rates until the housing bubble has burst
- do as much homework as you can, and research your investments thoroughly, so that if a stock
you're watching goes down, you know whether or not it is a great buying opportunity or time to bail
out
- strong fundamentals overcome short-term fluctuations
- go after the safe money - stay out of sectors that are having meltdowns, don't invest in a "best
of breed" stock in a sector that is having a hard time
- when Cramer tells you to buy a stock he doesn't want you to throw all your money into one stock -
diversify
- buy, buy, buy doesn't mean buy it all now - it means study and do homework on the stock, and
accumulate your position slowly over a couple of weeks
- Cramer's picks can never take the place of your own research
Click here to pre-order before Christmas ( http://www.dpbolvw.net/click-1968314-10426142?url=http%3A%2F%2Fwww.nbcuniversalstore.co m%2Fdetail.php%3Fp%3D8805&cjsku=8805) - Ships November 22, 2006
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