Cramer Busted By His Own

by billb 27. January 2008 21:56

A little Sunday funny.

http://www.youtube.com/watch?v=SGkrNJ19DSU

It's Cramer getting busted by Rick Santelli on CNBC.  Rick is telling Jim to get off the high horse since he's been bullish on stocks forever.  Cramer basically said he hasn't, but the editor of the video provides show clips that prove otherwise.  I don't know that I follow this person's editing technique, but the point is crystal clear.  Do not listen to these people.  No matter how much someone screams, they don't know anything over you when it comes to the direction of the market over the short term.  Develop your own techniques, discover your own risk tolerance, create your own trading plan ... don't follow the clowns.

Do it yourself, or buy an index fund.

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