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Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 3:01 am
by aristobolus
I was going to post this at the heighth of the upside, but I am just now getting to it. Once Cramer jumps aboard something, your jinxed if your in it. Take this with a grain of Salt, it is meant to be funny- kind of.

http://www.ibtimes.com/articles/82570/2 ... cramer.htm

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 11:35 am
by beauanderos
Cramer is an entertainer... his rants are meant to grab attention, and they do. I'm not so sure he actually even believes himself, at least not with the fervor he displays. I actually think he gives good advice in this article... the fools are the 196 members of the audience who think they are safe holding fiat and downplaying the importance of gold in a portfolio. So... even in a cohort of high net worth individuals, only 2% are on board? On another issue, does Hoard know that someone snuck into his garage and took a picture of his stash? Image

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 12:11 pm
by neilgin1
cramers sheep......let him get onboard, talk up these ETF's, i love it, maybe we can sell off one last time.

just one last time.

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 12:31 pm
by beauanderos
neilgin1 wrote:cramers sheep......let him get onboard, talk up these ETF's, i love it, maybe we can sell off one last time.

just one last time.
I'm not smart enough to time the markets and pick perfect highs and inexpensive reentry points. I'm satisfied to identify a trend and realize 70-80% of the gains by staying with it until it is exhausted. I don't plan on selling my PM's at only five to ten percent of what they'll be worth in only two years. If it was good enough for Jesse Livermore and Richard Russell, it's good enough for me. Livermore once alluded to what was hardest for him was doing nothing, but that's how he made the bulk of his money, by identifying a long-term trend and riding it. If you dismount a horse that has just finished galloping, once it has rested it could escape before you have a chance to get back on. Image

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 2:40 pm
by JJM
He may have jinxed the gold market, but I noted that he was mum on silver, which is just fine by me! ;)

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 8:19 pm
by neilgin1
Cramer jinxed nothing.

humbly i submit, no such thing as a jinx.

Gold's going to $3200-4000, silver's going to $75-$125, and the nickel will be debased next year.

oh yeh, and if any US and/or Israeli ordinance hits Iranian soil, crude is going to $400 and gasoline to $10 a gallon.

strap in brothers, we live in interesting times.

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 9:19 pm
by Thogey
Why would crude rise to 400 if Iran is attacked?

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 10:25 pm
by stateofmind
Iran would block the Suez Canal which would restrict the flow of Oil to the West.

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 10:34 pm
by Thogey
Why didn't Iran block the Suez Canal during the Iran Iraq war. When we were supporting Iraq?

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 11:19 pm
by beauanderos
Wouldn't it make more sense for them to take control of the straits of Hormuz? It's only 34 miles wide in the narrowest spot. If they could put a chokehold on that bottleneck they could delay 5,000,000 barrels a day of crude

Re: Cramer jinxed us!

PostPosted: Wed Nov 17, 2010 11:33 pm
by Thogey
Iran does not have the capibility to block any major trade route.

With half a set of balls, the free world would knock thier asses back 100 years.

The set, however, is short.