No worries mate.
I had read your post, and was thinking over the weekend on how best to answer.
The more informed you are about the stock market. The more education you receive. The more you become your own 'guru', and enjoy learning about the markets? The more you will realize a simple truth about Jim Cramer.
He's just a guy.
I was bullish on FRO back when it was trading at $31.00. Jim Cramer said it wasn't worth the paper it was printed on, and they'd
never be able to sustain those dividends. I was right, he was wrong. He's had picks where he was right, and I was wrong. And we've had stocks that we agree on (NLY for example).
The problem I have with Jim is the cult of personality that has arisen around him, and ones live or die for what that guy says. Your post seemed to indicate that you understand that such devotion wasn't neccessary, which is a good thing. For those that enjoy the markets, and have even a midocre amount of self-control, discipline and intelligence - they can become their own guru. Now mind you, I listen to Jim from time to time. But by no means do I 'look up' to him for advice. When it comes to his stock market analysis, I see Jim Cramer as a peer. Sometimes I agree. Sometimes I'm nuetral to his thoughts. And sometimes I definitely disagree. Doesn't mean he's a bad analyst. Just means that we're different.
