Cramer is a snake oil salesman. He is trying predict the future which is difficult to impossible.
It’s so bizarre that ADP numbers are reported any more since they’re always wrong. I didn’t need to be Nostradamus on a thread yesterday to predict that their estimate of 497k was going to be way off
BUY BEAR STEARNS~!!!!
It is uncanny to be wrong so often. This defies the averages.
Has anyone ever created an index fund based on doing the exact opposite of what this dildo suggests?
Whatever he says, do the opposite and you will be fine.................
Years ago some clever guy set up a long-term stock-picking contest. Cramer’s picks were compared to those of Leonard the Wonder Monkey.
(Leonard was an actually a computer program that picked stocks completely at random.)
Leonard won. He didn’t win by much. But he won.
And one more thing. Cramer sued the guy, and forced him to shut his website down.
Jim Cramer is an ENTERTAINER.
I think he purposely tries to be wrong. People watch him to do the opposite of what he says. Then again, he may just SUCK at making predictions.