Whatsup with the eating of the bear heads?
2006-12-13 16:47:23 · 9 answers · asked by DDOD 1 in Business & Finance ➔ Investing
There is a reason why his picks change from week to week. It's called the Cramer effect. People tracking Cramer's picks have concluded that on average, the pick lasts on average of 12 days. So a buy would have the stock go up for 12 days and then go back down. So if he does a show once a week, the technicals would be showing a top or downward trend.
Also the Cramer trackers have said that if you had followed Cramer this year, you would be up 7% as opposed to if you were invested in the SP 500 which is up over 12% this year.
If you held an ETF that tracked foreign stocks, you would be up 25% or more on several of them.
I think the bear heads are from the bulls and bears symbols of the stock market.
2006-12-13 17:57:10 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
I think his books are far better than his TV show. His books tell you to stick to a few stocks and get to know them very well. He says an hour a week on every stock you own. On TV, he tries to be an expert on every stock out there...which goes against what he says in his books. He's got to be spending a small fraction of the time he recommends for everyone else on each stock he tries to cover. You just can't do a good job if you are spreading yourself that thin.
2006-12-14 21:16:11 · answer #2 · answered by Alan 3 · 0⤊ 0⤋
any way you can teach people about investing and get them interested in saving their money instead of spending it is a good idea....I know kids that like to watch his show. he is an extremely intelligent person. about 1/2 the people in this country don't even own one single investment, and a great number of people live paycheck to paycheck and have no savings, so anything that he can do to get people interested in investing is a great thing. if you don't like him, simply turn the channel, maybe the cooking channel would be more your speed, you can learn how to sit on the couch and eat and keep getting fatter........
2006-12-14 15:38:02 · answer #3 · answered by besthusbandever 4 · 0⤊ 0⤋
I used to watch his show strictly for the entertainment value, but he really has become annoying now. He gets on soapbox lectures all the time that detract from the entertainment value.
2006-12-14 02:37:09 · answer #4 · answered by KatGuy 7 · 1⤊ 0⤋
He is quite obnoxious but many people love to watch his show. We don't have to. Have you seen how stocks he recommends or pans change at the next opening?
2006-12-14 00:56:27 · answer #5 · answered by Susan M 7 · 0⤊ 0⤋
i like "mad money"
i find him amusing..
i do not use his tips..doing better on my own
but i like..the show
don't have to watch it..but the time it comes on..is a dull/down tv time.. so it is interesting..
last night was interesting on his dividend tip for at&t so i looked up T and yes i firmly do better on my own..
still found it amusing..
2006-12-14 05:39:40 · answer #6 · answered by m2 5 · 0⤊ 0⤋
I don't really care that much but get kinda nervous for all the people who tell me they follow his recommendations.
2006-12-14 00:50:48 · answer #7 · answered by Ryan W 2 · 1⤊ 0⤋
or maybe the toilet
2006-12-14 00:52:34 · answer #8 · answered by Toberlone 2 · 0⤊ 0⤋