We would like to hear Jim Cramer explain to his massive CNBC audience that his "Action Alerts Plus" service is one-sided and reflects a far different behavior than he practiced as a money manager.
Every trader must understand the market has two sides, long and short. Sometimes the averages are overbought and sometimes they're oversold. The Street.com, who Jim is Chairman of, is doing a huge disservice by only recommending going long~
POTC prides its research on open-mindedness and a two-sided market approach, so when we see Jim r spread monolithic type (long only) advice, we feel obliged to call him and his Street dot com out.
IF Jim Cramer has a problem with our thesis, we are open to debate him or his staff in ANY forum any day and time of the week.
And most serious investors who tune Cramer in must be wondering WHY he finally began addressing the anti free-market policies of Barack Obama; something POTC has been blogging about successfully since early 2008; even before the Chicago Precinct Captain was elected Disseminator in Chief..
Sincerely, the Psychology of the Call team.
3 comments:
Cramerica is just 4 laughs. I agree with him being overly bullish all too often.
Right on! I can't believe people subscribe to a one-sided market view. I'd love to hear you guys debate Jimmy. He'd shout and yell and try to talk you down: his only hope.
I like Cramer and I read your blog. He has made me money and lost me money. Good read regardless of his popularity. JL in Jersey City.
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