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Jim Cramer: The Flip-Flop that Ought to be Illegal

Quick House Sale To Sell Property Fast or Sell and Rent Back
Quick House Sale To Sell Property Fast or Sell and Rent Back Quick House Sale To Sell Property Fast or Sell and Rent Back
Quick House Sale To Sell Property Fast or Sell and Rent Back

http://www.donharrold.netHow can it be that Bear Stearns Hedge Fund guys are going to JAIL for their misdeeds, but, Jim Cramer gets away with THIS?

Channel: News & Politics
Uploaded: June 21, 2008 at 2:31 pm
Author: donharrold

Length: 09:43
Rating: 4.74
Views: 65703

Tags: bartiromo  bloomberg  cnbc  cramer  don  dow  federal  harrold  jim  mad  market  money  nasdaq  pisani  reserve  rick  santelli  stock  

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jprithvi (August 20, 2008 at 2:58 am)
haha I thought this flip flop was the best too.
Sircornflakes (August 18, 2008 at 11:37 am)
I stopped watching CNBC awhile ago. They are all truly clueless. I used to think their demo was the financially sophisticated until I saw them advertising Video Professor, you know "try my product". Well if you are watching CNBC and you don't know how to use a computer, you have bigger problems than figuring out over/under sold markets.Cramer is a douche, always has been, so is Kudlow.
kaseliii (August 16, 2008 at 11:45 pm)
whats the takeaway from the first clip? buy oversold stocks when things are so bad it seems like they can only go up.he doesn't have a fucking time machine. how should he have known things would go lower than they had in whatever data he was looking at when he determined what the previous "bottoms" were?
donharrold (August 12, 2008 at 12:56 pm)
48memorex - Nope. You are wrong. It is not billed as "entertainment". Jim Cramer is billed as a guy with "Billion Dollar Advice" who has "2000 stocks in his head" that he knows "exactly what to do with". Your comparison to SpongeBob may be accurate, though: You'd probably make more money watching Spongebob.
48memorex (August 12, 2008 at 7:28 am)
its a TV SHOW... same as spongebob its there to entertain you.
cszulc (August 11, 2008 at 4:06 am)
Another great video of how this con-man is getting worse and worse.
donharrold (August 10, 2008 at 11:37 pm)
PISSEDOFSOL - No. You are wrong. I took nothing out of context. His words are what they are. The market did what it did. His later rewriting of history was predicated on the fact that his picks tanked. At the VERY least, he was so wrong that he should have at LEAST said, "I SCREWED UP," He's not even man enough to do THAT. Instead, he BLAMED HIS AUDIENCE for FOLLOWING HIS ADVICE. Sick.
pissedoffsol (August 10, 2008 at 11:13 pm)
I'm not a fanboy of cramer by any means...but, this whole video is slightly out of context. Why? it's missing 4 days in between.The market changes on a near hourly basis. comparing what was said a week ago is simply outdated.If you want to play the shorts, you need to keep up on it on at a minimum of a daily basis, 3 times a day m-f.
donharrold (August 10, 2008 at 3:52 pm)
30percentplusreturns - Finally, you are just flat-out, horribly, "are you blind or just stupid" wrong. What do you think Jim Cramer means when he says to, "buy buy buy"? Lord, you Cramer apologists will do anything - even ignore your hero's OWN WORDS - to defend him. No, see, when someone says to "buy buy buy", that pretty much sums it up. But, you miss the real point: JIM IS A LIAR. Jim flip-flops. Jim blames his AUDIENCE for FOLLOWING HIS ADVICE. Provable. Obvious. And, sad. Booyah.
donharrold (August 10, 2008 at 3:49 pm)
30percentplusreturns - 3) He does not do a "pretty good job". His picks suck. His "charitable trust" is down over 15% this year. The "featured" stocks on Mad Money are down versus all major markets. That's not "pretty good". That sucks. 4) He constantly says he is a SHORT TERM TRADER. You are wrong about the "long term". He says that's not what you do. "buy and hold is dead" is his mantra. 5) Unless, of course a pick he made 2 years ago moves up FINALLY. Then, he's mister long-term.

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