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  #1  
Old 12-18-2017,
abbyqm11 abbyqm11 is offline
 
Join Date: May 2017
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Default I wonder about Cramer sometimes.

On Tuesday Goldman Sachs was a buy when it was already up $7 and today it's a sell after going up another $5. Nothing wrong with taking a profit, but the reasons given for buying on Tuesday did not sound (to me) like this would be a 2 day trade, nor did he mention that if it rises $5 you should take profits and sell. That is my only gripe about the call on Tuesday, it would have come off better had he mentioned an exit point.
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  #2  
Old 12-19-2017,
Abe8870770 Abe8870770 is offline
 
Join Date: Jun 2017
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I wonder about Cramer all the time, but we still make money shorting his ideas.
Keep it up Jim; you are doing fine!
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  #3  
Old 12-20-2017,
Abem Chanu Ningombamjeor Abem Chanu Ningombamjeor is offline
 
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Bad Cramer...today he's calling for GS to go $50 ps higher...sure glad I listened to him and bailed last Thursday (I don't actually own GS)

This is a real wtf Jim? He's definitely got some good ideas, but he should be very familiar with GS and that sell call last Thursday coupled with today's $50 increase prediction is just mind boggling, I think the commercialism of himself is eroding his credibility and changing his focus.
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  #4  
Old 12-21-2017,
Abgolti Abgolti is offline
 
Join Date: Jun 2017
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I bought one GS call.

GS is doing a stock buy back, which is why it keeps going up even as the market is going down. That's the new thing with companies these days. They have tons of cash, so they buy back stock.

His idea to take profits off the table is a good one. He mentions to take half and then see what happens. Predicting an exit point is very hard.

The thing we have to look out for, is October is always a bad month.
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  #5  
Old 12-21-2017,
AbigailFou AbigailFou is offline
 
Join Date: Jun 2017
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Is there ever a good month in this game?!

I do swear there always seems a reason why the market is off, but just wait till blah-blah

Then blah-blah occurs and this is the first time ever why the market did not react positively

I would hate doing this for a living
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