We should call you Galilleo Cramer. More truth tellers are needed. People want the truth! But be prepared for the 21st century version of the Inquisition.

Jim Cramer is admittedly one of those who made his fortune through practices that were later prohibited, and made illegal . . . but as he has said it was "legal" at the time when he amassed his wealth.


Personally, I am a novice (or less) when it comes to the stock market; but I find Crammer's apparent blatantly frank "honesty" to be a voice of rational information out of the chaos of this debacle.

The quandary is that the economy requires economic activity to stabalize; but the market has not bottomed out; nor have the government nor the corporations provided full disclosures for Americans to have the faith and confidence tore-investment in the maket. And as Crammer noted, this will probably take SEVERAL YEARS. I anticipate things getting worse through 2009 minimally.

Getting into this mess was relatively easy because it provided the illusion of easy profitabilities; getting out of this mess is going to be a long and extremely arduous process. There are NO EASY ANSWERS or SOLUTIONS.

Cramer's honest opinons may not be appreciated by the industry; but it is the type of eithical integrity and "courage" that is needed to restore the stability to our economy. Meanwhile the vast majority of Americans have lost all faith and confidence in the financial industry and major corporations.

Just as many people were inticed to join in the speculative real estate investments, many will be deluded into buying "cheap stocks" that turn out to be worthless.

I applaud Cramer for stating his honest, insightful opinions.

QUESTION:

It would seem that the ONLY THING that is going to expedite restoring "faith and confidence" in the market will be FULL DISCLOSURE by the corporations and the governement as to the financial conditons of the corporations.

Granted, the "truth" is going to be disastrous, and it will take down some of those corporations . . . But is that avoidable? I think not.

Is it realistic to anticipate that full diclosure will be provided? Problably not under our current Congress and corporate managment. Shouldn't the relatively strong corporations be willing to provide full disclosure about their financial conditions?

The key question is why isn't the government and the SEC requiring full disclosure by all of the corporations?

Every stock that cramer has picked in the last few months has gone down...I request the Crammer stops with all the Buha B.S. and starts being more serious....We all need help....Tell the truth...times are tough...what should we do...no more fan fare.....if Cramer says not to buy anything that would be greaty...going forward I am going to SHORT all of Crammers pick...had I done that I would be a rich man today.

It's all your fault! Yeah, that's the ticket. Kill Cramer! That'll work! You yelled FIRE in a burning building. Hello? Many of us who actually listen to you, went out the back door when we smelled smoke, eight, twelve months ago, never mind, two weeks ago. We didn't get mutually fund! So, get off the pity pot and get back behind the stove. It's always hot working in a kitchen.

I wonder are we now in a recession with a deperession coming. Buy buy buy that's what they say. Somebody should tell them with WHAT!

Cramer and the rest of the CNBC crowd showed be Tarred and Feathered, as they are Flim Flam Con Artists. if they all got caught in the '90's their asses would be in jail!

im only writing this so the government knows where to send my bailout money..
i live on mainstreet USA..a grand idea to have everyone own their own home but to lower lending standards that have worked for years was not the way..i wonder if barney frank thinks everything is still fine..grand ideas are fine if implemented correctly..barney frank wasnt the only one to look the other way..the reality of the financial markets will let us know to the penny how much this action will cost...

Yes, the market is down. But being a bottom fisher, I'm buying Fannie Mae (FNM) & Freddie Mac (FRE) at $.72 & $.88 respectively. I'm buying a little each week, and if it goes to $5, $10, $20, or half of what it once was at $60, I'll never have to work again. I can live off of $1.8 million. And if it goes back to where it once was, $60/share, I could splurge a little. At least for a little while.
If I had $100,000 to invest, NOW is the time to get INTO the market. In my personal experience, the key to making money is to buy at the best possible price, and sell at or below your competitions price. So buying smart is the real key.
Patience is the key. The cat catches the mouse by waiting for him to come out of his hole, then pouncing on the opertunity.

DAVE
OKC Red Raider
Go Texas Tech

What do the jews want to control next, see the market is going up with the pawn shops, these are mostly controlled by Jews. They run about everything in the US now. Can't hardly find a dealership they don't have their hands in. Look at Wall Street and folks running the Treasury Department. We know who is calling the shots. The great elite white folks like CEO of GE.

Cramer has great foresight. I follow Cramer with discretion. He subtly projected that the market MIGHTgo to 8500 when it was much higher and I kept this in mind. He saved me lots of money.Why? When the market started to tank I had the courage to sell most of my stocks @ a loss which hurt. But it would've hurt much more if I waited another week,etc. His current blog warns not to be fooled by the cheaper prices. I'm keeping my finger off the button to BUY.

Are you people blind or do you not have time to pay attention to what is going on here. You don't need Cramer to see bailout after bailout. Investment companies and credit card companies changing into banks to access fed funds. Job losses by the thousands reported day after day. Housing continually worsening. Commercial properties, retail, auto and just about everything else faltering. And it is happening world wide all at the same time. Deflation is upon us and is going to get worse. If Cramer had a hair on his a$$ or head, he would have called this joke of a market when it was at 13,000 to 14,000. At that time it should have been like someone kicking him in the a$$ that a bust was coming. What was Cramer screaming then? Buy or sell? When the housing bubble burst, what was Cramer screaming the damage would be? A few billion? A couple hundred billion? A couple trillion? What did he say about how it would effect the rest of the economy? He sugar coated this mess for as long as he could. Now like a professional wrestler he is changing to the good side. All I got to say is who needs ya.

I am not sure if it is meaningless. Warren Buffet recently bought COP for an average price of $80.2. Today's value - $47.

Do you think it is meaningless? When was the last time the Oracle made a meaningless investment. IMO it is a great opportunity if you have money to invest - and you do not need it back by - I don't know - 2010?

Other stocks I am watching MCD, JPM, BNI, ETN
Sam
http://tickertoday.blogspot.com