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Sunday, June 21, 2009

Jim Cramer Mad Money - Overview

By Anne Durrell

Jim Cramer is out of his mind. When you see his shows, he likes to screams and jump about like a mad man.

However, last year he picked up investments last year and earned him 12% instead of 6% average for the market, so perhaps he is not that mad after all.

Hundreds of thousands of investors watch Jim Cramer mad money on CNBC 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. Jim Cramer mad money shows plan for the market to keep doing what it is doing, so that he picks end to be aggressive.

On the other hand, Cramer will dump the stock when it starts to fall, he will do that before it falls any further. That is absolutely not a bad idea when the market is slower and more predictable.

But when things are going badly, they go badly quickly and stocks can reverse direction in a hurry.

One big problem Cramer has is when he interviews executives; he will normally recommend that you buy their stock.

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 is obvious that after he asked people to buy it, many people will buy these stocks, so there will be a short term jump in stock 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. - 23208

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