Thursday, March 17, 2005
Good Gravy!
I got stuck at the office later than I expected yesterday. I found myself in the car to listen to Cramer's new show. As a point of information I switch to CNBC Asia as soon as it comes on, which coincides with the start of Kudlow's show.
Honestly I am shocked there is demand for the histrionics that Cramer puts in to the show. That's the thing, I don't doubt that there are people that like him. I won't be surprised if the show does well. What does it say about us that the screaming and the facial contortions are what we want?
I was amused that Jim and I drew similar conclusions about the role of GM in the economy and the stock market, except I don't think I was yelling when I wrote my thoughts on the matter yesterday morning.
This morning I see that Jim is on Squawk. They were talking about oil and they kept making the bull sound and showing a cartoon graphic. From listening on the radio I didn't realize there were graphics to go with the sound effects.
When I write about Cramer I get a comment or two from someone that likes him and some that say he is only right half the time. I do not watch him anywhere near enough to comment on his track record these days.
The voice over on the show reminded the audience countless times that he said it was too early to buy GM on Tuesday's show but is there anyone out there who doesn't know that the auto stocks are fraught with problems. They've been laggards for a long time and while the magnitude of the decline may be a surprise was a warning of some sort that shocking?
Who in their right mind is going to buy an American car with out thousands in rebates and incentives?
One last item. Blogger has had serious problems for a week or two now. This makes posting content and replying to comments very difficult. They don't know what the problem is. This is why some posts show up multiple times. I also don't plan to spend 30 minutes trying to respond to an anonymous comment. Hopefully they get it fixed.
Honestly I am shocked there is demand for the histrionics that Cramer puts in to the show. That's the thing, I don't doubt that there are people that like him. I won't be surprised if the show does well. What does it say about us that the screaming and the facial contortions are what we want?
I was amused that Jim and I drew similar conclusions about the role of GM in the economy and the stock market, except I don't think I was yelling when I wrote my thoughts on the matter yesterday morning.
This morning I see that Jim is on Squawk. They were talking about oil and they kept making the bull sound and showing a cartoon graphic. From listening on the radio I didn't realize there were graphics to go with the sound effects.
When I write about Cramer I get a comment or two from someone that likes him and some that say he is only right half the time. I do not watch him anywhere near enough to comment on his track record these days.
The voice over on the show reminded the audience countless times that he said it was too early to buy GM on Tuesday's show but is there anyone out there who doesn't know that the auto stocks are fraught with problems. They've been laggards for a long time and while the magnitude of the decline may be a surprise was a warning of some sort that shocking?
Who in their right mind is going to buy an American car with out thousands in rebates and incentives?
One last item. Blogger has had serious problems for a week or two now. This makes posting content and replying to comments very difficult. They don't know what the problem is. This is why some posts show up multiple times. I also don't plan to spend 30 minutes trying to respond to an anonymous comment. Hopefully they get it fixed.
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