This Is Why I Do Not Like To Watch Fast Money/Cramer
April 30, 2008 9:00 PM
I feel I need to watch Fast Money and Cramer periodically so I can comment on (read SAVE their listeners) stocks they are yelling bull on. Of course, Fast Money is saying long C, long the market, Dennis Gartmen saying market is going higher, bla bla bla. The reason that I would rather NOT watch it is that it skews what I see. People on TV making millions, add in a famous trader, and then mix in some Cramer (bull), and I begin to doubt myself sometimes.
But as StockBlade readers have seen, my thoughts are generally correct, and they are wrong more often than not, IMO.
They can yell their bull until they turn blue, my position does NOT change here. CAUTION is in order until we clear today’s high.
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