Archive for the ‘jim cramer’ tag
Will Jim Cramer Have a Job on Monday?
After the full video has come out where Jim Cramer lays out the procedure for manipulating the market ***REMOVED FROM YOUTUBE BY COPYRIGHT CLAIM*** SEE FULL DAILY SHOW CLIP FOR MORE DETAIL***
There will definitely be backlash towards CNBC, almost requiring Jim Cramer’s termination or public apology, as well as Rick Santelli. I have a hard time seeing CNBC firing the host of one of their top shows but this changes everything.
Letter to Jim Cramer
Jim,
Boooooooyaaaahhhh from Omaha, NE!
I am curious about your recent rant on the Ultrashort ETFs manipulating the market, and your woes about this.
Mid to long term market performance isn’t about fundamentals or value
The short term may be about value (Book Value and (P/E) Price/Earnings), but the mid term is still about the economy. Those earnings numbers are projected numbers and the P/E ratio is based on those projected future earnings, which are in turn based on the future economy. The outlook is not good at all. This is not the time to buy for, according to Jim Cramer, less than 5 years as a holding period. That means he doesn’t think the economy will be out of the recession for 5 years.
