Apr 27th 2009 2:42PM "Cramer is more wrong than he is right, so who cares what the guy says!!!!
An average financial guru, turned bad comedian"
I would say he is more right then he is wrong, but its easy for detractors to point out peoples mistakes especially in such a bizarre game like this.
Apr 4th 2009 4:20AM "Steve said...
Jon Stewart doesn't hate you"
Of course he doesnt, he was just a bit angry.
Given "I am a middle-aged 54-year-old who has been trading since 1979" JC
Bear Stearns was a call Jim should have called right, or at least been a bit concerned over.
But has now been punished with the public hounding enough. Its time to move on every body gets things wrong - onward and upward (hopefully loi).
Mar 9th 2009 9:26PM Their nuclear bunkers will be repossessed after all those naked puts come 2013.
"I predict we will hit bottom when people decide they no longer want to on average sell stocks. The proceeding epoch thereafter will be a great boom for the worlds economy where many stock indexes will double in value or more. But the road ahead will not be straight." Nostracoldreadus
Mar 7th 2009 2:51PM I would not trust that list to make investment decisions. RBS, Lloyds and HBOS were clasped amongst the safest banks in world in 2007. The shareholders have been wiped out by the government stealing equity priced at 1/10th of its market capital before the crash.
Mar 1st 2009 7:39AM Some of you people are reading and filling in presumptions in your head. This article clearly states "if you need the money for anything". Ie living costs, paying your mortgage etc it should not be in the market. Thats good advice no matter the market conditions. This is not a quick recovery like the last few crashes this could go on for years until a effective action is found. The governments have implemented action after action each bigger then the last and yet things are still dire. Bank loan books are being destroyed by huge numbers of businesses around the world going to the wall as yet there is no sign of this rectifying its still a bottomless pit.
Ive lost your equivilent of $30,000 dollars on the stockmarket over the last 2-3 years. But it doesn't matter its only money! All gamblers should know what they can afford to lose.