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Non-Tech : Cramer Touts

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From: Jack Hartmann	10/13/2008 6:25:57 PM
	1 Recommendation of 843

Cramer: I was right and they can't stand it. thestreet.com Let's Recap. Cramer's was bullish while people lost 20% in 2008. Cramer called the bottom on 15 July 2008. That didn't fare well for him this time either 10/4/08 Jim Cramer said on the Today Show, “Whatever money you may need for the next five years, please take it out of the stock market right now, this week." He went on how it could go down another 20%. He said Buy and Hold does not work. The people who followed his advice lost another 5% selling that day because it opened down. They are now down 25%. 10/10/08 The Cramer sheep watch the market close down another 11% in the next four day. They bray in approval. Remember there is no BUY yet for Cramerica on TV. 10/13/08. The Market rallies up 11%. Cramer sheep gasp. How did Jim miss this? Cramer people are net zero now since the call. Stay tuned for the rest of the week. Remember something, even a BLIND SQUIRREL can find an acorn ONCE in a while Cramer's people got wiped out in the internet bubble. The CNBC chat boards discussed it for years til they buried the board. At the time, Cramer said Amazon.com was going out of business. Critics emailed that they were not , and would be one of the survivors. I am waiting for Cramer to be labeled entertainment only.

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