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surfcat

04/04/14 12:04 PM

#16190 RE: jonnytrade #16188

jonnytrade... you ever see this video where john steward reams him on tv? Cramer has turned things around since then, helped educate even me, some shit I never heard before or forgot all about.

in the nineties on these boards like, ragging bull site, he was anti options and I even bantered back and forth with him, point being, now he advises using options to identify max money at risk



This is good too
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YellowBull

04/04/14 3:51 PM

#16212 RE: jonnytrade #16188

Ya his strategy actually works really well...in this bull market. But if we ever see a longer term downturn that buying on the dip strategy is going to cause a lot of pain for him and his viewers. His answer to mid term downturns is buying "accidental high yielders" which also has worked well. But that will be painful as well in longterm bear.