iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,457 Blog Posts

Cramer Unveils Checklist to Finding a Bottom; Says Yellen Fed ‘Knows Nothing’

Say what you want about the theatrics of Guacamole Jim: he knows the market and has his pulse on the emotions of investors–better than most. Tonight, he went over a laundry list of things that needs to happen for the market to find a bottom. One of my favorite parts, naturally, is when he panned today’s Fed statements and claimed “they know nothing.”

Give the market a few percent lower to the downside and Jim is going to go ‘full postal’ on Yellen and her band of hawkish clowns. The drama, it’s almost too much to bear.

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10 comments

  1. aformalcat

    His individual stock picks are shit tho.

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  2. gravestonedoji

    Cramer does have this about right.

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  3. bexpo

    Agree. Cramer has a sixth sense & knows market better than most! When he says to buy though… it’s usually too late!

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  4. sarjoy

    He sounds like he has bill hackyacktman’s nuts in his mouth.

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  5. it is showtime

    ‘This’ generation with boom bust as their legacy. yet still cant acknowledge its reality

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  6. razorsedge

    Funny u talk shit about the guy who actually is the shit ( when it comes to stocks) not all calls are perfect but who’s are? When your selling someone is buyin and vice versa so suck your own dick until you go broke..humility rules

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  7. zephler

    I find it interesting that the mantra “the crowd is always wrong” has been so incredibly wrong during this downturn. The crowd (let’s take stocktwits) has been incredibly bearish since the fall – and they have been proved correct…it seems that the crowd has been right. Record high short interest has proved meaningless, meaning that the crowd was right.

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  8. levrage

    Cramer is famous for saying there’s always a bull market somewhere. Maybe he should start saying there’s a bear market everywhere, until his checklist is complete.

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  9. ironbird

    Cramer is great at figuring out a stock is dog shit AFTER it has tanked. Fucking genius.

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  10. boyaj

    Cramer has to be one of the biggest lightening rods on Wall Street.. Considering writing a post about him, and how he elicits emotions in everyone.

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