What is Digg?388 Comments
- Echota, on 01/05/2009, -42/+293 My Friends.....I stll believe the fundamentals of our economy are strong.
John McCain Sept. 2008 - tdelamater, on 10/06/2008, -5/+214Cramer is saying don't bet what you're not willing to lose. That is sound advice in any market.
This decline should bring about some good buying opportunities for the investors with the stomach for it. Those who can’t risk it will have to pull out.
Those with money will make more, and the rich just keep getting richer while the poor get poorer. - DigitAl56K, on 10/06/2008, -3/+166Investors are pulling out like the DOW is underage and its parents just got home.
- inactive, on 10/06/2008, -8/+110Whatever you do, don't read the news. I'd hate for you to learn anything like....both parties should be shouldering this blame.
- axalon, on 10/06/2008, -3/+105Stark Industries? They're a weapons company that doesn't make weapons!
- RedStateRetard, on 10/06/2008, -13/+96buy indicator, Cramer is always wrong
- inactive, on 10/06/2008, -6/+84Hmm... be sure to give it plenty of thought, at least! We've survived big drops before.
- stonewall123, on 10/06/2008, -11/+79There is always something a little fishy about stock price activity in the Cramer sphere of influence. What ever he says do the exact opposite. Wait a day or two and things will probably turn around a bit.
- marksven, on 10/06/2008, -5/+67This is Cramer's famous buy-high-sell-low strategy.
- raaya79, on 10/06/2008, -1/+56If Cramer says take all your assets out of the stock market, it may be time to buy....
- stradf, on 10/06/2008, -4/+56Correct, Cramer is always wrong, called bottom in July -- hhahahaha. Said stocks would rebound two weeks ago. Said google would skyrocket. And on.
Going to buy. Cramer is an idiot - Y0tsuya, on 10/06/2008, -18/+70Suuuuure, tell us that AFTER everybody who listened to him lost all their money. This guy has negative credibility in my book.
- MattFromSeattle, on 10/06/2008, -2/+54I totally agree Polish, this was caused by pure greed, not by party lines. Everyone in Washington shoulders the blame on this.
- MisterKen, on 10/06/2008, -7/+59In August, Cramer suggested buying Google at $500 because it was undervalued. It closed today at $389.
Goodbye, Mr. Cramer. Please take your sound effects with you. - inactive, on 10/06/2008, -9/+55Damn, and here I was hoping this article would be about his retirement from the public eye.
- bigfatpaulie, on 10/06/2008, -8/+47"No! No! No! Bear Stearns is fine! ... Don't move your money from Bear! That's just being silly! Don't be silly!"
- airwalkery2k, on 10/06/2008, -8/+44Is this the same Jim Cramer that screamed about Bear Stearns being fine?
- ColonelJessup, on 10/06/2008, -4/+38Here we go again with the digg.com Wall Street/finance professors...........................
- inactive, on 10/06/2008, -4/+37I'm looking forward to hearing the endless stream of stories in say....3 to 4 years...of people saying "damn, I wish I would have gotten into the market back in late 2008 or early 2009.
As undervalued as some of these prices are, the middle-class can make a financial windfall by the time this all passes. - punchinelli, on 10/06/2008, -4/+37Some food for thought: the last time Cramer went ***** over the market, he was RIGHT.
http://digg.com/business_finance/CNBC_Cramer_goes_ ... - MattFromSeattle, on 10/06/2008, -3/+35What most of Joe-America fails to realize is that it isn't their selling of stocks that's causing this downturn. You and I don't own enough stocks to actually impact the market this much. So Cramer is giving sound advice for the majority of investors, get what you need out and wait for it to correct itself.
- mbrandvi, on 10/06/2008, -3/+34If you need money in the next five years you shouldn't be in stocks in the first place
- Popeiler, on 10/06/2008, -5/+35As an Obama supporter, I tend to agree with FenwayFreak. Saying that the economy is strong is not the same thing as saying that the fundamentals of the economy is strong. Fundamentals refers to the basic underpinnings. We already know that the basic underpinnings of our economy are capable of producing vast amounts of resources as evidenced by the late 90's. It's just that the collapse of the financial sector has stalled things.
- pstroll, on 10/06/2008, -5/+35Best contrary indicator there is. Put everything in the market!
- S1lkySm00th, on 10/06/2008, -2/+31The only sure bet in our current economic climate is the immediate acquisition of a go-kart.
- inactive, on 10/06/2008, -3/+30What a great buy signal!
- SpectralSounds, on 10/06/2008, -12/+39You are really reaching. McCain meant exactly what he said. The economy is strong, but we are just having a little hiccup. Well, that blew up in his face. Then he had to back step.... now you are doing his back stepping for him.
- sanman, on 10/07/2008, -1/+27True enough -- just look how wrong he was on Stark Industries
http://www.youtube.com/watch?v=awY2F0vJBr8 - djdigital, on 10/06/2008, -2/+28Buy, Buy, Buy!!! No wait....Sell, Sell, Sell...
- gn0stik, on 10/07/2008, -5/+28The october surprise of 87 was far worse than this, and the country didn't lose it's collective ass.
Jim Kramer is being an alarmist, and spreading *****.
Someone should fire him. - roamzero, on 10/06/2008, -4/+27Cramer is just trying to do what he can to make sure the markets drop as low as possible so he can make out like a bandit shorting everything :/
- BossKey, on 10/06/2008, -1/+22Yeah, the quote left out the flip side...if there's any money you won't need for the next five years, omg you're going to kill yrself if you pass up these incredibly low stock prices to buy in at.
- harrisbradley, on 10/06/2008, -4/+25Blaming this on one party is what got us in this in the first place. Let be honest with ourselves, and place the blame where is belongs. On the government of the United States, which is made up of a two-party, red-vs-blue, mentality, where it is more important that the 'other side' not get their way, than putting the America people above all the rest. The only thing I can do now is not vote for anyone who voted Yay on the bailout, and tell everyone I know to do that same thing, and **PRAY** that Ron Paul runs in 2012. The campaign should be a lot more successful after everything burns for the next 4 years.
- Arkons24, on 10/06/2008, -4/+24If you follow Cramer's advice you probably don't have any money left to lose.
- dafragsta, on 10/06/2008, -0/+18It will help your survival chances if you paint flames on it.
- ievanssc, on 10/06/2008, -2/+20I think you meant Joe Six-Pack
- OswaldKenobi, on 10/06/2008, -0/+17This is definitely a buyers market. Just prepare to hold for the long term.
- homercles337, on 10/06/2008, -2/+18Just imagine what would have happened if Bush/McCain had their way and privatized SS.
- Sighyggdrasil, on 10/06/2008, -0/+16Tony Stark could fix this economic downturn with scraps in a cave.
- T00LB0X, on 10/06/2008, -1/+16At least Cramer admits on national television when he's wrong...unlike certain CEO's ...
- Rxbrent, on 10/07/2008, -2/+16"*****"
+1 for the word of the day - tattertech, on 10/06/2008, -0/+14I didn't see it, but apparently he wasn't talking holding on to shares of Bear, he was saying money invested into accounts with Bear were safe. The person didn't need to take their money out of accounts held by the company.
- kolyana, on 10/06/2008, -1/+14Well it is *NOW*.
- empraptor, on 10/07/2008, -2/+15i am lacking the gold to make parachute out of
- Y0tsuya, on 10/06/2008, -0/+13Cramer's a laughingstock among investors. And doing the opposite of what Cramer says is a running joke on the message boards.
- Renian, on 10/06/2008, -3/+15People who listen to Jim Cramer = emotionally-driven speculators.
People who listen to Benjamin Graham = intelligent investors.
Good riddance. Sell your stock because it went down? Retard. If your stock going down, as long as the company itself is still good, you should be buying more for dollar-cost averaging win, and to automatically make more when the market corrects itself. - rootsm3, on 10/06/2008, -5/+17I think Cramer's a smart man, but he shouldn't be the only source of your advice.
- dballi, on 10/07/2008, -0/+11buy stock in flame decal companies.
- dwninjungleland, on 10/07/2008, -0/+11Remember about a year ago when Cramer flipped out about the housing crisis and everyone made fun of him? Not so funny anymore... AMIRITE?
- bacon_skoda, on 10/06/2008, -2/+13in the next 5 years.
if you can hold on longer, it's fine.
he's talking to near retirement folks and moms and dads investing for their kid's education. -
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