How Markets Work; A Case Study in Pundits: Savaged by the Truth: Jim Cramer

How Markets Workusd1

Bull-market-top-in-for-the-u-s-dollar/ (Video-Market Psychology)

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Jim Cramer at his best

 

https://www.deepcapture.com/jim-cramer-is-a-complicated-man/

In short, Maier is contending that advice Cramer was giving the public under the guise of helping them manage their savings (“SmartMoney“) was actually being driven by Cramer’s need to dump his own positions without cratering the market. When a trusting public acted on Jim’s tip and bought shares, he dumped his shares onto the public. The only lesson Cramer learned from the “four orphans” incident, Maier claims, was that he, Cramer, had the power to move stocks through the press.

And: https://www.deepcapture.com/how-cnbc-becky-quick-jim-cramer-and-joe-kernan-can-solve-its-collapsing-viewership/

The link above has an amazing article written by Patrick Byrne on the slimy sleaziness of Jim Cramer.

Ignore pundits!

 

One response to “How Markets Work; A Case Study in Pundits: Savaged by the Truth: Jim Cramer

  1. I agree that pundits should be ignored.

    But Patrick Byrne has a fairly chequered track record, so it might be good to exercise some caution when reading his stuff too! (His father, however, was a good man.)

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