Wednesday, August 8, 2007

Sorry Cramer – Higher, Higher, As Brucie Would Say…

News Article n Line

It looks like if Cramer has been speculating in low interest rate investments and had his hands burnt, there will be little respite. Well, at least for the moment........

Posted by orwell @ 09:10 AM (373 views)
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2 thoughts on “Sorry Cramer – Higher, Higher, As Brucie Would Say…

  • Japanese Uncle says:

    As I mentioned earlier, only when his personal financial interest is at stake, can a man lose temper (or pretend to have lost temper, as is often the case with American businessmen as an obvious and shallow trick to scare his opponent or to take control of the situation) like that. Disgustingly superficial! This kind of financial thugs must stop tricking his fellow human beings, and start doing the real work, like mopping the floor or cleaning the public lavatories.

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  • Jim Cramer is an entertainer, who can add a little (tiny) bit of momentum to swings in the US stock market. My guess is that he sold some stock that was on a downward trajectory, degraded himself a little bit on the telly (all the Youtube noise was a bonus), bought back the same stock at 3% less than he just sold for, then watched it bounce back.

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