Comments on: Why Does Cramer Have a Beef With Leveraged ETFs?

By: Donato

Donato — Wed, 04 Mar 2009 04:29:53 +0000

A good “investment” strategy might be to short any recommendations Cramer makes to buy long. I don’t know if it is true, but I read somewhere that virtually all of his buy picks are down in value eleven days after he recommends them.

And for a quick note to all those people talking down the shorting of an equity, aside from the obvious liquidity in the market that shorting provides, there is another rather interesting point to consider:

Those who short are the only ones who are mandated to buy the equity . . . everybody else can choose not to make that buy!

By: Mark Furion

Mark Furion — Tue, 03 Mar 2009 22:14:57 +0000

Cramer is a total imbecile. I used to listen to him until I lost close to 30 percent of my portfolio in a single week. The guy thinks that he is a genius, but the opposite is the case–yes he has a real big mouth. I get the feeling he trumpets his positions just to get investors in, and then he sells.

Concerning ETF’s. Sure he would be opposed to shorting ETS and the like. Why? Imagine how easy it is for an investor managing, say 200k, to get in and out of the market, and to diversify, also to short and go long…ETFs make it possible to get returns like a hedge fund if you are dedicated enough and willing to put the time. People like Mr Cramer depend on investors being in the dark and seeking his advise.
These days I see Mr Cramer as someone that investors should stay away from. When he says buy GLD I sell it the next day. He was blabbing yesterday of it looking attractive… So I sold it today. My two cents.

By: Mark Furion

Mark Furion — Tue, 03 Mar 2009 22:10:33 +0000

Cramer is a total imbecile. I used to listen to him until I lost 300 close to 30 percent of my portfolio in a single week. The guy thinks that he is a genius, but the opposite is the case–yes he has a real big mouth. I get the feeling he trumpets his positions just to get investors in, and then he sells.

By: Jack McElroy

Jack McElroy — Thu, 25 Dec 2008 00:51:30 +0000

I agree with Cramer. I think the short traders have done a lot of damage. Maybe the new SEC chairman will take some action in this area.

By: Robert

Robert — Wed, 24 Dec 2008 17:38:08 +0000

Cramer is not a trader and never has been. Not every one is a buy and hold investor. As for Cramer, ask him who bailed him out in 1987 a trader, his wife.

The market needs short leveraged trading vehicles to hedge positions and for trades to profit on the downward trend.It isn’t traders who are holding on to 45% – 70% losses.