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Can anyone tell me why tweety is getting advice from Jim Cramer, the

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:07 PM
Original message
Can anyone tell me why tweety is getting advice from Jim Cramer, the
guy who is wrong a lot more than he is right? :wtf:
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:11 PM
Response to Original message
1. because he correctly analyzed the mess in P&G stock today.
A big wall street trader had a staffer type in a sell order for a billion, not million, by accident, and caused the whole market to fall faster and steeper than Black Thursday in 1929.
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:32 PM
Response to Reply #1
6. and you believe that?
I sure as hell don't.

If this error was so simple, and so easily made---why is such an easy
error made like that more often. Human behavior in these sectors has
been nearly flawless, until now.

I ain't buying it.

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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:02 PM
Original message
Then explain why the volume when it happened was so very low.
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:22 PM
Response to Original message
11. Cramer is backing off from the "glitch" spin...
I am really surprised. Cramer is suggesting that this could be a
massive sell off. He even said that a "glitch" couldn't fully
explain a 1,000-point drop.

Isn't that interesting? At first...it was all glitch, all the time. They
were told to put their finger in the dam with the glitch theory.

Now, everyone is backing off.

Low volume could be the result of just a few larger/institutional investors dumping
stocks. Maybe even the government selling.

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Saturday Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:11 PM
Response to Original message
2. Could he possibly have kissed his butt any more? Sheesh. nt
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:36 PM
Response to Reply #2
7. Massive spin from Wall Street requires butt kissing...
Cramer's show is geared toward the average, everyday investor. The show
is a dumbed-down circus that plays to the middle-class investors--some
of whom need to be told what to do and how to feel about the market, on
a daily basis.

Otherwise, they sell off and put their money in safer places.

Wall Street is trying to prevent a panic and further selling right now. They
are in full spin mode. MSNBC is leading the way.

Matthews butt kissing is evidence that this is all just one big scam--designed
to keep the sheeple's money in the market.

What a crock.
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:02 PM
Response to Reply #2
10. Mancrush Matthews knows the art of rhetorical massage
Edited on Thu May-06-10 05:02 PM by Supersedeas
Captain Superficial is looking for superficial answers -- 2 seconds -- GO!
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Oceansaway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:12 PM
Response to Original message
3. it's a man crush thingy i guess...nt
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:16 PM
Response to Original message
4. just seeing him on the show made me vomit a little in my mouth
And Tweety did everything *but* place his lips directly on Cramer's ass to kiss it. Disgusting pandering on his part.
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stanwyck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:20 PM
Response to Original message
5. Sounds like it's time for another Daily Show smackdown
for Cramer. Why so many people find Cramer viable is a mystery. He's another carnival act, like Beck. OK, not as crazed as Beck. But, still, another blowhard who doesn't know nearly as much as he thinks he does.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 04:41 PM
Response to Reply #5
8. Actually the Daily show pointed out
Cramer when not on his act like a clown money show and in a more sane settings clearly knows the market. The question Jon raised was why THAT Jim Cramer doesn't appear on his own show. The answer would appear if that was Jim Cramers act no one would book him. Cramer is able to give non-sensationalized analysis. The problem for the viewer is trying to figure out if he's being honest that day or not. Since I can never tell.. I tend to ignore Cramers' analysis.
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chelsea0011 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:00 PM
Response to Original message
9. Cramer is everything the entertainment biz wants.
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 06:17 PM
Response to Original message
12. Cramer's got a contract--they have to use him on CNBC and MSNBC
they kept his genius under a barrel for awhile after his bad calls before the "Crisis"--now
he's probably backed up and they have to use him a lot.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 06:36 PM
Response to Original message
13. if Cramer says something, DO THE OPPOSITE.
Cramer's job is to deliver suckers into Wall Street's gaping maw.
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