Mad Money w/ Jim Cramer

Jim Cramer is good at informing retail investors that losses are an inevitable part of trading, and how sell off isn't unexpected after weeks of record highs. Jim Cramer once stated "Stocks have made so many parabolic moves of late that I'm actually glad they're coming down, Stocks can't forever go up in a straight line." To Cramer, the market is prone to pullbacks, "often indiscriminate pullbacks," after consecutive up days. He compared the market to a garden, saying that while sun is necessary for growth, rain is equally important. Sell-offs are like rain, he added, "both a necessity and an inevitability." Cramer also reminded investors that the market was able to roar in the 1990s while treasury yields were higher than they are now.

Cramer asserted that there's nothing wrong with the stock, it's just taking a "periodic break" as it has done in the past. According to him, Wednesday's market action has created some solid buying opportunities.

"Nobody knows how long the sale will last, so don't miss it," Cramer said. "Things might be back to full price in a few days, maybe a week or even two."

Jermaine Filmore.

Jim Cramer is an excellent stock picker. I have seen this show on CNBC in 2 years ago and it is excellent. Thats smart that Jim Cramer thanks the military. It's funny when Jim Cramer bites the bulls and bears head off and now in the show is pink slottered foam pigs and when he play with the Jim Cramer bobble head. We where on TV on the Family Afair. This show is all about the stock market. There Filming location was New Jersey in sylvan road Cnbc studio. His steel trap mind can remembers every stock and has a opinion about them all. Jim Cramer does not like to make friends but he wants to make you mad money. It is excellent watch this show on CNBC or if you do not know about the show you might watch Mad Money the DVD.

A few decades ago there was a film called "Network" which seemed like a satire rather than a prediction of things to come. In it the news is taken over by a "charismatic" maniac who changes the staid newsroom into a clown show. Fast forward 3 decades and that what "Mad Money" is. The maniac is Jim Kramer who seems to have his own mental problems clearly on display. He rarely tells you how his past predictions have done, and he never tells you how well his "charitable" (send me money) portfolio is doing.

He does have a good knowledge of many stocks, which is impressive. But he often judges a stock by whether or not one of his friends are in charge of the company. IMHO - Not the best way to pick stocks.

Ahh... The good old Cramer. He acts like a market pro, but often gives advice which if inversed would be better for a trader. For instance, if a good stock is taking a hit due to tough macro environment, he tells you to buy it way too early. Or he will be betting on an awful stock, making a huge comeback, which doesn't end up occuring. Best advice is to see his opinion, do more research, and see if it is worth it inversing his decision. He is just a hype man with no thorough analysis.