Jim Cramer Mad Money - The Story
July 17, 2009 by · Leave a Comment
Jim Cramer is out of his mind. When you see his shows, he likes to screams and jump about like a mad man.
But the investments he picked last year earned 12% compared to 6% average for the market by some measures, so maybe he is not so crazy after all.
A lot of investors love Jim Cramer mad money shows on CNBC that they like to watch it each week.
When the investors were panicking due to the market spinning straigth down the toilte and the world was spinning out of control, then Jim Cramer was one of the few choices you can listen above the chaos, many people listened to this guy.
Jim Cramer wants to buy and ride it up when a stock started going up. His mad money shows plan for the market to keep doing what it is doing, so that he picks end to be aggressive.
Conversely, if a stock starts to fall, Cramer wants to dump it before it falls further. This is not a bad technique when the market is less volatile and the swings are slower and more predictable.
But when market are going badly, stocks can reverse direction in a hurry and this will make them go badly quickly too.
The bad thing about Jim Cramer mad money is when he interviews CEOs, he usually recommend you buy their stock. The executives who were being interviewed are usually those who have high dividend stocks only.
The best advice on what stocks to pick can actually be gained from the show Jim Cramer made money, but not as Cramer intended.. It really doesn’t matter even if you want to take India stock market even you live in the US.
It is clear that after he recommends it, people will run out and buy these stocks so there will be a short term jump in price.
If you are quick on the draw, meaning you already bought those stocks just before he recommends it to people, you can do just the opposite, ready to sell when he says “buy”, that way you can expect to do very well.


