actio-et-reactio
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Friday, July 29, 2005
Cramer's Picks get a Workover
CXO Advisory, writing in their 25 July 2005 Investing Notes ask,
Cramer Offer's You His Protection? and do a decent analysis of Cramer's calls up into July.
BooYAhoos will shrug their shoulders over CXO's bottom line :"
His typical viewer would be better off in a broad index fund". Making money may be a big part, but that's not the whole schtick here. There are plenty of funds, newsletters, gurus's, and touts with equal and often lesser economic value.
Love him, hate him, or simply enjoy the sideshow atmosphere, Jimmy gets snaps for having what the people want:
enthusiasm. Add to that the sheer capacity of the man to remember all those names and you get someone who holds the AADD crowd's attention through a full hour. I don't "follow" his calls and I won't diss him for bad calls as whoever "follows" him pulls their own trigger. But I do give him a pass for having made me laugh more than a few times. That's worth a lot in my world.
Labels: market-buzz-gurus
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
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