Investors Need More 'Truthiness'

Author

Howard Lindzon
February 08, 2008

Although I don’t keep score about others, I do know that the more you talk about the market and the more you do, the worse you sound and likely do. I am guilty of that myself at times. I have long wondered how the Cramer show would do in a VOLATILE range bound market, not either a bull or a bear.

Sounds like not too well based on FLY’s ‘Super Asshat Award’

I know, it’s too easy to pick on the hyper-active bald guy on tv. After all, it’s a tough racket; not many can muster the energy to wear all of his fucking hats. Unless, of course, you snorted an eight ball of coke off of your Red Bull can, every morning, before coffee.

However, I should let you know, Jim is well deserving of severe criticism for his constant fucktarded market calls, while pounding his chest—like a spastic King Kong.

For example: Three weeks ago, Cramer was calling for the end of the stock market, as we know it. Shit, things were so bad, he said we could drop 2,000 points in a single day. Talk about alarmism.

However, immediately following Bernanke’s rate cuts, the once hated Fed in “Cramerica” became a “friend,” enabling Jim to say we were going straight up and shit, “without any pullbacks.”

Cramer has nine lives and is the godfather of blogging and deserves the spoils reaped from TheStreet.com for his amazing spirit, but he missed the proper bow out. It’s a train wreck and he’s letting you watch it. I can’t but he’s everywhere so you can’t help but catch snippets.

The stocks market is a glorious symbol of freedom and television has just polluted it. If we could get Comedy Central to focus on it, we could save it in the same way they are saving politics for a large demographic.

Investors need more ‘TRUTHINESS’ as it relates to the ways of Wall Street. It is hard and likely expensive, but there are major spoils there for those that come at it the right way. WallStrip was the tip of the iceberg from a video perspective.

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