Jim Cramer: Dow 7700 'Real Possibility', Time To Reevaluate!

PDOP ^ | 10/7/08 | J Brown

[Jabrown]

...Later in the day as the market appeared to be melting down, Cramer on CNBC told viewers that a decline to ...

[St. Louis Conservative]

The same Jim Cramer that said Bear Stearns was a great stock two days before it collapsed?

[rabscuttle385]

The same Jim Cramer that said Bear Stearns was a great stock two days before it collapsed?

Cramer is unhinged, and I miss the STL.

[HappyinAZ]

Loud-mouth, inflamatory, idiot.

[scooby321]

time to get back into the market

I been waiting for a sign.

[brooklynlou]

- The same Jim Cramer that said Bear Stearns was a great stock two days before it collapsed?

Exactly. Kramer has never been right about anything. If Kramer says the market is going to tank. it means its hit bottom and will start going up.

If you want to be rich, listen to Kramer and do the exact opposite.

[webschooner]

Was he screaming, waving his arms, throwing things, and pounding multiple sound effect buttons when he said this?

If not, how do we know it was the real Jim Cramer?

[CaptainK]

He was touting Wachovia about a month ago.

[detective]

Cramer went on the Today show Monday morning and told everyone to sell their stocks. Cramer announcing that it is time to sell is the surest sign that the markets have bottomed out and the smart investors(such as Warren Buffet) are going to start to buy.

[Stentor]

I been waiting for a sign.

Not as good of a sign as the CNBC Dow 14000 celebration last July 17.

[JohnMac]

He is a basket case sensationalist.

[bcsco]

and the smart investors(such as Warren Buffet) are going to start to buy.

Didn't Buffet place a bunch of money behind GE this past week?

[Crimson Elephant]

Cramer’s tirade is as good a sign of the bottom as any.

[Mr. Jeeves]

Jim Cramer: Dow 7700 'Real Possibility', Time To Reevaluate!

Stopped clock. Twice a day.

[Malsua]

Just do the opposite of what he says and you’ll prosper. When the market is at the top, he’ll scream buy buy buy, when it’s bottomed out, Sell, Sell, get out!

[Lazamataz]

Cramer is a contrarian indicator. Do exactly the opposite of everything he says and you will be rich.

[Frantzie]

Ignore this idiot. He is friends with short hedge funds. He ran a hedge fund and was friends with Spitzer.

http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

This is cooridinated attack (Soros, ACORN, Ayers, Alinksy, OBama) - a coup and the largest robbery in history. Set up by the Fannie and Freddie fraud.

The sad thing is most Americans cannot fathom what is going on let alone believe it. What makes it even worse is it is global.

[Be_Politically_Erect]

Buffet laid out 3 billion to GE.

[ameribbean expat]

He’s basically acknowledging one of the more drastic scenarios floating around in the financial ether that the Dow could retrace and give up everything gained since its 2002 low. Such a move would be a 100% retracement, whereas a normal retracement is only 50%. It’s not unreasonable with the depth and breadth of the crisis, but I think unlikely.

What Cramer (who is indeed a contrarian indicator) forgets is that there is nothing keeping anyone from modifying the components— the 30 stocks— which comprise the Dow. Don’t like the results, fudge the numbers...AIG, a Dow 30 stock at the onset of the crisis, has already been replaced. Ditto for Wamu, Countryside, Lehman Bros. in the S&P500.

Short selling resumes tomorrow (unless Uncle Sugar and his buttboy Jorgito step in again) and the pressure will indeed be down, which will be followed, probably on Friday by that most inevitable consequence, the “short squeeze” where shorts are compelled to buy shares to cover their positions, creating artificlly high demand for shares of the affected companies. Pop to the upside.

[MurryMom]

Do exactly the opposite of everything he says and you will be rich.

Likewise Bush.

[Carley]

I see no difference between the harm jimbo does and the harm of cafferty and/or olberdufus and the tingly leg guy.

They’re all certifiably nuts.

[bcsco]

That’s right, I heard it on a radio investment show over the weekend. He also laid out another 2 billion elsewhere.

[Poison Pill]

Cramer announcing that it is time to sell is the surest sign that the markets have bottomed out and the smart investors(such as Warren Buffet) are going to start to buy.

Cramer is a boob. But bear in mind that Warren Buffet can buy stuff you and I can't. He's taking preferred stock positions that are paying him in the 10% range while he waits. The average investor can't get those terms. I don't think Buffet and Cramer are opposite sides of the same coin right now.

[E. Pluribus Unum]

Anything Jim Cramer says is probably wrong.

He has a lot of practice being wrong.

[mainerforglobalwarming]

Dow 2 pennies if Obama wins.

[Lazamataz]

What a stupid, non-sequitor thing to say.

I suspect you are grossly overweight.

[bassmaner]

Go to hell, troll.

[Terrence DoGood]

Ditto. Cramer already blew it

[CE2949BB]

Cramer having an aneurysm - on live TV - is a “real possibility”, too.

[Petronski]

How’s your syphilis?

[CharlotteVRWC]

1) Cramer is either ‘creating more fear’ because he is shorting the market.

or

2) He is really concerned about ‘the little people’ that don’t really have a lot of money to invest in wall street.

[Texas_shutterbug]

"What a stupid, non-sequitor thing to say.

I suspect you are grossly overweight."

Well, while you might suspect the poster is "grossly overweight," you've just given the world proof that you're a jerk.

You wouldn't say that if you suspected the poster was a man, would you?

SEXIST JERK.

[mysterio]

Cramer needs to be medicated. Is he still telling us Bear Sterns is solid?

[Digger]

Short selling resumes tomorrow (unless Uncle Sugar and his buttboy Jorgito step in again) and the pressure will indeed be down, which will be followed, probably on Friday by that most inevitable consequence, the “short squeeze” where shorts are compelled to buy shares to cover their positions, creating artificlly high demand for shares of the affected companies. Pop to the upside.

I believe that I heard some time ago that it was extended until the 19TH.

[VOA]

or

3) Cramer (although he probably doesn’t know it) is just telling
people what Dave Ramsey has told people for years: don’t go into the
market unless you can stay in for five, and preferably, ten years.
In order to take advantage of the general historical trend of most all
five and even more ten years being a profitable ride in the market.

I don’t usually get to catch Ramsey’s show, but he said it could be
that Cramer was just saying what he (Ramsey) always tell folks.
This was on Ramsey’s radio show yesterday.

[Lazamataz]

Well, while you might suspect the poster is "grossly overweight," you've just given the world proof that you're a jerk. You wouldn't say that if you suspected the poster was a man, would you? SEXIST JERK.

It's MurryMom. She's here to troll. I thought I'd help her a little.

[RXSalesman]

You can bet that once the market has bottomed and is bouncing back, ole Jim will again be yelling Buy Buy Buy; all the while reminding us that he indeed picked the bottom correctly.

Who knows if yesterday’s intraday low is the bottom or not. FYI, Cramer was on the CNBC set yesterday participating in a discussion at the moment the Dow hit -800 points.

video here:

http://www.cnbc.com/id/15840232?video=879954272&play=1

[Red in Blue PA]

I remember the Nasdaq 5000 celebration CNBC had in 2000.

[Red in Blue PA]

Google “Winners of the New World” and “Cramer”

[Grammy]

Welcome back. Things were quiet while you were gone.

[uncbob]

Murrymom is a hit and run lib troll that makes an appearance here every so often over the years —been a while since I last saw a post by her —thing is she uses the same name instead of registering under a new one

Gets on and makes a comment to yank everybody’s chain then sits back and watches

[caver]

“You wouldn’t say that if you suspected the poster was a man, would you?”

How do you know MurryMom is even a woman?

[Texas_shutterbug]

Considering she has "mom" in her name, I think we should take some things on face value around here, until evidence to the contrary.

Obviously, the poster thought she was a woman. A fat one. :(

[Osage Orange]

This from the guy who was keeping people 80% invested last week and still offering new buys.

The guy has no shame...and has been wrong so often it's not even funny.

The ONLY thing he has going for him...is the show.

[Osage Orange]

Maybe T.S. doesn’t understand...murrymom’s M.O.

[caver]

“Considering she has “mom” in her name, I think we should take some things on face value around here, until evidence to the contrary.”

Speaking of face value, we also should assume that posters on this board should be conservative, but quite a few know that MurryMom is nothing more than a nasty liberal disruptor here to stir the pot. “She” should go elsewhere. That’s why the others here responded the way they did.

[Lazamataz]

Note, also, that while I accused MurryMom of being overweight, briefly after someone asked her about her syphillis.

And Messr. Shutterbug decided my comment was the worst of the two.

Hmmm.

Oh well, that's all I have to say on the matter. More important things to discuss -- like Cramer and his yelling-bad-advice schtick!

[Osage Orange]

Yeah I noted that also.......

Yes, much better things to discuss than murrymom.

Geesh..!!

[OpusatFR]

“Murrymom is a hit and run lib troll...”

Is this the same dweeb who posted her bra size and bragged about her anatomy and then complained about being hit on?

What a maroon.

[MikeWUSAF]

To be fair...I checked out MurryMom's posts in forum. She, if in fact she is a she, is a flaming liberal.