How blindly do you pick your stocks?

I think Jim Cramer is good for ideas only, not stock buys. I get new names from him to watch and study. I especially like his "best of breed" ideas. But I won't buy any of his stocks until they settle back down. I may not even buy them then, if they don't fit into what my goals.

I mostly agree with his ideas about figuring out where we are in current business cycle and pick stocks that benefit from this. But at the end of the day....you are on your own. Don't blame him for your loses.

Ralph Greene

When the "Mad Money" program starts and I hear Kramer screaming, I rush to change the channel.
My advise, if you invest, do your own research, follow your own investment strategy!!

Jim Cramer has ALWAYS been a pump-and-dump "ANALyst". I don't even know why people tune into his show. He will tell you to buy stocks that he owns or stocks that have already made their move. And as soon as he tells you to buy, he sells. He will NEVER tell you to buy up-and-coming stocks. He likes to dog the turnaround stocks so he can buy-in at a cheaper price. He is the classic 1990's ANALyst you should avoid!!!

I would just like to know why anyone would listen to a stock recomendation from a man who is obviously nuts! Would you want your daughter to marry this guy? Case Closed.

I bought my first stock off of Cramer's recommendation. It was his casual dining special, and I bought Texas Roadhouse (TXRH). Everything looked fantastic, including the chart, the business model, etc, etc, except that its been going down and the one thing that was overlooked is the P/E was over 30! I am still holding on to it, I want to sell, but I've sold some Oil stocks on the way down and am tired of losing money on the trades and the loss and hope this will go back up over time. Email me if you have any ideas! My site is http://www.mattharmon.com . Thank you!

Cramer, is helping me think for my self. He said BUY-BUY-BUY SWHC! I did at 8.35. It jumped to 13.42 then dropped to 12.30. I sold at 12.50 for a 49% gain. What can I say, I like guns. However, as mentioned by others, Cramer doesn't give a target price except way up!

My other Cramer stocks have inched up a little and down a little. I am still learning and have a way to go. Cramer does keep me interested, and I am learning to investigate for myself. I guess I should buy his book... LOL!

Jim is a showman with good savy on the market. I've made money on every stock I traded from his show. He cant' tell you when and where to get in or out but with due diligence and watching the market you should be able to know yourself! Alon USA Booyah JIM! I hav'nt bought Level three yet as it is a very long play. I'll buy at 6 and hold.
Good Job Jim!

cramer is ok but if you want to follow someone with a better record check out jason kelly. he has his own website and newsletter. i have been using him for about 1 year and i have made some money with his pick.

Dr. Cramer is a trader not an investor. If you do not know the difference you should make it a point to. Dr. Cramer does give good advice - recently he mentioned you could order a SHORT cup at Starbucks - I did, they are a good size and cost 60 cents. They are not advertised/. Starbucks has a short cup for the smaller cup of coffee - Thanks Doctor for saving me several dollars a day - almost a dollar on one cup

First of all lets be realistic and practical. Mr. Cramer is a trader and an entertainer. Some of his picks do well short term and others don't. It would be impossible for him to be right 100% of the time. Nobody can.

On the other hand things are really looking great for the stock market right now, especially for short term trading. This week the DOW rised beyond 11,900 for the very first time in history and everything indicates that we could have a strong close in 2006 and a great opening for 2007.

Let's not forget that our homework as traders is to pick the best possible stock opportunities. The ones that are in a better position to take advantage of current market conditions.

This is why experienced traders buy & sell based on momentum. It's no secret that certain momentum stocks bring the posibility of gaining as much as 50% on the same trading day. Some may only rise 5% on a few minutes, which means that you could make close to cool $500 on a $10,000 investment on the same day.

The problem is that if you don't know how to find those stocks and handle them while limiting your risk, you won't even get close to making some profits.

Fortunatly some sites on the web can help you with effective and proven momentum day trading strategies. One of those sites that can show you how to trade using easy to understand and simple to apply momentum trading strategies is MomentumStockTrading com

Lets take advantage of this season's rally by choosing the right hot stocks.

I wouldn't trust Cramer with the money it costs to park my car... we have a half acre gravel parking lot at work if that gives you any idea.

I have no money in stocks (that I know of) except for my 401k plan and I don't know where those funds are invested.


Would you like to know how I formulate my picks? Well, even if you don't, I'll tell you.

I use the good brain God gave me. I keep that brain free from alcohol and drugs. I listen to people around me. I read a lot. Mostly I depend on good common sense. How a company is doing will be reflected in how their stock does. It's pretty simple.

I have two secret weapons. I've developed them since I was a child. The first one is what some call "gut instinct" but it is really something more than that.

You know when you reach into the refrigerator and that little voice in the back of your head tells you, "You're going to knock over the ice tea pitcher if you reach for that pudding back there." and you reach for the pudding... and now there's ice tea all over the floor.

Well, I've learned to pay attention to that little voice. It saves on my ice tea expenses.


My other weapon is very special, but it's one most anyone could develop over time. It's called subliminal interpretation. It's a VERY powerful weapon.

Simply put, it's the ability to understand what people are REALLY saying by the words they choose and how they use those words, and they ability to know what people are saying... by what they DON'T say.

Check my track record for the last four weeks. Do my methods work?

I leave you to draw your own conclusions.


Laus Deo
.

CRAMER SAYS WAIT 30 DAYS, DO YOUR ONE HOUR OF RESEARCH PER WEEK PER STOCK BEFORE YOU BUY OR SELL. WHATEVER YOU DO DON'T GO OUT AND BUY ESPECIALLY AFTER THE MARKETS ARE CLOSED. HIS FUND IS USED FOR CHARITY AND I DO BELIEVE HE HELPS FOLKS. THE OTHER DAY 2.5 BILLION SHARES TRADED ON DOW. HOW MUCH OF THAT COULD HE HAVE INFLUENCE.

I have had really good luck using the Stock Market Timer advisory service as far as returns go. Don't have much faith in Cramer as I think he has probably already sold his interest when he is telling people to buy it. Infact if you watch the disclaimer at the beginning of the hour for the show they do allude to that. Anyway if you are interested in checking out their returns go to:
http://charitycoinshop.com/matistmainad.html

I think Cramer rocks, I haven't lost a penny since watching him. I'm actually up 39%, I do listen and always do my own homework..
Why knock a guy for being so giving.

Linda

As they say its for informational purpose and not a personally tailored advice... :)

Really loved reading the comments on this one..

If all you Cramer bashers are right why don't you use the punish Cramer stategy and short his high flyers. It works a lot of the time. Mad Money in reverse so to speak.

I have stood behind people in line while they waste
their money on games of chance. Or is it a waste only to me? People following Cramer's thoughts are no differant. It too is a game of chance.