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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (62478)4/22/2005 4:23:19 PM
From: energyplay  Read Replies (3) of 74559
 
I have watched Cramer's show about 3 times, and he is able to be pretty negative - down on about 25% to 35% of the stocks mentioned.

He also seems to make some pro-cash, pro-dividend statements.

The biggest disconnect between Cramer and his audience is Cramer is a short term trader - 3 month time horizon is long for him.

What has ticked off a number of tech companies, and big funds is that he would say negative things about popular stocks - often stocks they were trying to unload on the public by having someone pump them.

After various investigations, he came out pretty much okay - he was not slamming stocks he had shorted.

The people whose stocks were slammed are still angry, and may be a source of some of the negative buzz on Cramer.

Being a loud, funny looking guy who jumps around a lot and YELLS makes him easy to dislike - especially if you are trying to run a serious, adult like financial discussion.

Whether he has pumped his own book without disclosing is something I will leave to others.

Herb Greenberg puts out negative stuff on specific stocks, and he has been consistently attacked. He has also been consistently right about 70% of the time.

Herb had a very early negative on Nvidia which got me out before it trippled ;-) How early ? about 4 years....

******

I would not be surprised if Gary Kaltbaum and some of the other Money Radio people get targeted during the next boom cycle.

I guess you can be negative as long as you don't talk about specific stocks or sectors.
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