Is this the worst stock tip ever?

[fibonelli]

YouTube - Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan

 

[trendie]

"...some people have lost it all........" = poor money management / stop/loss / lack of diversification

"... on yahoo forums...." = WHAT! they get their trading advice from BB forums?

"... taking Jim Cramers stock tip...." = do your own research

A excellent case of learn to do things for yourself, and think for yourself.

 

[DC STOXX]

to be fair, he did say he would short the whole market today..think he has eaten a piece of humble pie today!

 

[Tenapenny]

"Caveat emptor"!

 

[Hoggums]

Cramer said (famously) last July that even if the whole mortgage market collapsed it wouldn't hurt and no-one would notice...

Do a search on the net and you'll see a few articles of his in Feb 2000 reccomending buying up stocks.

 

[Crap Buddist]

hmm I must admit the timing of the feds news etc seemed to lack sympathy , but if its all about creative destruction in order to aquire cheap goods then it makes sense. In that respect the Fed is very good.

 

[new_trader]

Was it a stock tip or was he trying to prevent a run on the bank?

Jim Cramer claims he was saying it was not necessary to take money out of the Bear Stearns account, he was not talking about holding on to the stock.

YouTube - Jim Cramer back-pedals after Bear Stearns Collapse