Comments on: Cramer Predicts Wages to Rise http://www.trivisonno.com/cramer-predicts-wages-to-rise Technical Trading Talk Mon, 06 Sep 2010 23:25:41 +0000 http://wordpress.org/?v=2.9 hourly 1 By: admin http://www.trivisonno.com/cramer-predicts-wages-to-rise/comment-page-1#comment-527 admin Mon, 19 May 2008 23:35:02 +0000 http://www.trivisonno.com/?p=102#comment-527 I think Cramer got a bit of a bum rap on Bear Stearns. The first caller asked him if he should pull his money out of Bear Stearns, and Cramer said "No", your money is safe. It wasn't crystal clear, but they were talking about the caller's money in his brokerage account at Bear Stearns, not if the stock was a buy or a sell. And as far as I know, nobody who had an account at Bear lost any money. One thing we have learned about bankers is that they can lie as well as anybody else. Nobody outside of Bear could have really known what was going on inside. This is why I prefer ETFs to individual stocks. How could I ever know what was *really* going inside a company? Only the insiders ever know for sure, and they often don't tell the truth. I think Cramer got a bit of a bum rap on Bear Stearns. The first caller asked him if he should pull his money out of Bear Stearns, and Cramer said “No”, your money is safe. It wasn’t crystal clear, but they were talking about the caller’s money in his brokerage account at Bear Stearns, not if the stock was a buy or a sell. And as far as I know, nobody who had an account at Bear lost any money.

One thing we have learned about bankers is that they can lie as well as anybody else. Nobody outside of Bear could have really known what was going on inside. This is why I prefer ETFs to individual stocks. How could I ever know what was *really* going inside a company? Only the insiders ever know for sure, and they often don’t tell the truth.

]]> By: Dressguard http://www.trivisonno.com/cramer-predicts-wages-to-rise/comment-page-1#comment-525 Dressguard Mon, 19 May 2008 22:06:04 +0000 http://www.trivisonno.com/?p=102#comment-525 Cramer is an asswipe. Told people to buy Bear Stearns and a few days later that crap bank went belly-up. Then he answered a guy on the phone he meant the preferred shares. Phone call was even a fake. What an idiot! Cramer is an asswipe. Told people to buy Bear Stearns and a few days later that crap bank went belly-up. Then he answered a guy on the phone he meant the preferred shares. Phone call was even a fake. What an idiot!

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