I'M BUYING, and SO IS HE

This guy makes a lot of sense, and turns that sense into a lot of dollars. He seems to share the same investing philosophy with me. Are we wrong? Has he finally come to a point of error in judgement? Does the sense only come out as cents in the end?

Read all about this grand money making philosophy and the man behind it.

This is where you make your own decisions, and due diligence becomes the director.

THE RESULTS OF NO DUE DILIGENCE

I see comments on the net citing Jim Cramer as an analyst who "lies," and makes some 'bad decisions.' Some echo a sentiment of "losing money with Cramer."

I am not aware of any analyst with a 100% mark.

Cramer gets a lot of heat because, he's really out there with the STREET, and his TV show, MAD MONEY.

Cramer has been accused of "bad information" which might be true if, you take only some of his picks verbatim without due diligence.

My questions to those taking his picks verbatim; where was your research on any specific stock or, fund taking you? Was there new information from that company that would cast a new light on that choice? What about world, and national events which can
re-shape the market's posture almost without notice? Did you reach the same conclusion as he did or, just run with the picks verbatim?

Many watch his CNBC broadcast, and take everything he says as an absolute truth. He, and any other legitimate professionals will tell you there is no better way to trading within the markets than due diligence. Self study, and research. Become educated. I believe he emphasizes that point quite vociferously throughout his show.

Perhaps you just wanted those picks. Who forced you to make any specific trade? It wasn't me, not Jim Cramer or, the man in the moon.

My trades are my responsibility, not Jim Cramer's. When I lose, I lose, and when I win, that's also mine!

Sure, I look to professionals for their picks, and see where they take me in my course of study. They are only the beginning in a vast reference library of charts, and other valuable information.

Cramer says, no pennies. I happen to believe contrary to his point of view.

The pennies require more scrutiny, and more study as some are offered only as 'shell' companies.

Pennies require constant attention while the market is open for trading. That is where you find day trading especially prevalent.

Pennies can change, moment to moment on a whim, more often leaving you with less than you invested in the first place. There is however, always the chance, with enough attention paid, due diligence done, and luck being part of the equation of scoring big time with the pennies. They are a big risk, and subject to values of a fraction of a cent to zero very quickly.

I enjoy watching Jim Cramer, and the Mad Money show on CNBC. It is definitely unique in presentation, entertaining, and educational. It is not just what is offered by the program but, what I process, and choose to take from it for my own use.

Those slamming Cramer or, any other professional are obviously not doing their own research. If they are, they need to own up to their decisions to exercise their trades as they did.

Your success or, failure in the markets is up to you.

NO CONFIDENCE FROM WALL STREET

The FED came up with a brilliant idea. CONgress supports it, and the response from those they thought it would help most is a strong, emphatic, NO CONFIDENCE!

A $700 billion band-aid is not going to fix it now, and will not fix our economy in the future.

One of the major problems with this so-called fix it bill is one factor that caused it in the first place. Transparency. There is doubt among large traders as the consistency of the debt purchased is, for the most part, unknown.

Perhaps applying transparency, and allowing the acquired debt to literally trade under the auspices of the free market would help.

Look at the market, already! Everybody's selling, and becoming liquid.

I can't blame all the sellers for liquidating as I watch the value of my retirement falling to the floor.

There is an upside. Really? Oh, yeah. Tomorrow morning I will look for ways to improve my positions with currently held stocks with reservations, as this market down trend may not be over.

If you don't mind a little humor, this whole scenario gives new meaning to, 'goin' south for the winter.'