This is a tag line from the new Cramer show.
Earlier today I posted a piece called Overdone where I suggested there might be a bounce in a lot of emerging market CEFs. It looks like I was correct within one hour. If I hosted the Cramer show I'd ride that one for a week.
But who traded on my call? Who traded on any of Jim's calls? The point is that I hope no one gets too caught up with hype. I've alluded to this before, if you say (or write) a lot of things about the stock market you can go back and cherry pick the times you were correct. This sort of thing goes on a lot.
Oh by the way I have been trying to publish the following for 30 minutes with no luck. Maybe I can get through with this post??
Somehow in between all the basketball I'm watching I was able to catch the CNBC Latin America segment, all 75 seconds of it.
All I caught was be selective in Brazil, Argentina has problems, Mexico allows pensions to buy stocks now (this could be important and help like it has in Austria and Chile), and one of the guests likes Chile but there was not enough time to find out why.
What is interesting is that CNBC World has multiple four minute segments every day about emerging markets. My depth of understanding about the subject may be questionable but I am far better off for having access.
Proud Member Of
Random Roger
© 2009 | Gadget Theme Blogger Template
Original WPtheme By Blogger Template | Converted By Gadget Lover
| Distributed by eFree Blogger Help
Original WPtheme By Blogger Template | Converted By Gadget Lover
| Distributed by eFree Blogger Help
3 comments:
Am I the only person that believes that Cramer’s new show “Mad Money” will produce some horrible results for people that believe it is just as simple as buying what Mr. Cramer says is hot. Isn’t this the type of stuff that came around during the dot.com area that was a clear sign for a top? I am not saying that is what is happening now, but I continue to believe the market is flashing more warning signals then in recent memory. One thing I enjoy about you Roger is how you cut through the all the noise of the shouts and touts and stay strict to your opinions and disciplines. This is one of the things I believe that blogs are able to provide. We need to get people to turn off CNBC when the touts come on, and start thinking for themselves and developing their own views and thoughts on the market accordingly.
Roberto Pedone
http://www.nasdaqtrader.blogspot.com/
Roberto,
thanks for the comment. You are far from an island on this issue. Thanks again!
Roberto,
thanks for the comment. You are far from an island on this issue. Thanks again!
Post a Comment