Jim Cramer Mad Money Reviews & Guide
| Posted in Blogging | Posted on 29-06-2009
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Jim Cramer is a crazy guy. On his shows, Jim Cramer mad money, he screams and jumps about like a crazy man.
But the investments he picked last year earned 12% compared to 6% average for the market by some measures, so maybe he is not so crazy after all.
A lot of investors love Jim Cramer mad money shows on CNBC that they like to watch it each week.
When the investors were panicking due to the market spinning straigth down the toilte and the world was spinning out of control, then Jim Cramer was one of the few choices you can listen above the chaos, many people listened to this guy.
Jim Cramer mad money picks end to be aggressive. They plan for the market to keep doing what it is doing. In other words, if a stock has started going up, Cramer wants to buy and ride it up.
Usually Jim Cramer dump the stocks when it starts to fall before it falls further. His technique is not a bad at all when the market is not volatile and the swings are not move forward or more predictable.
But when market are going badly, stocks can reverse direction in a hurry and this will make them go badly quickly too.
One big problem Cramer has is when he interviews executives; he will normally recommend that you buy their stock.
My advice about what stocks to pick is actually be gained from his shows, Jim Cramer mad money, not his recommends buying the stock of those executives.
It is clear there will be a short term jump in price for those stocks after he recommends it, as many people will run out and buy these stocks.
So if you are quick on the draw and do just the opposite, ready to buy when he says “sell” and ready to sell on the margin when he says “buy” then you can expect to do quite well.







