Crack of Doom: To Buy Or Not To Buy Builders And Lenders

It’s Monday, and while you can probably guess where the bearish Twist stands on homebuilders and lenders, you might not know where Jim Cramer of CNBC’s "Mad Money" stands.  Check out this video, and you still won’t know:

 

So Doomers, do you have any projections that can outperform Cramers?  We welcome your comments on this or any other housing related topics.  This is an open thread.

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5 Comments for this entry

  1. entropy says:

    Caveat emptor….especially when you listen to Cramer. There is an upside, his good buddies on wall street love his advice. Imagine all the money he brings in so they can sell at a profit.

  2. twist says:

    Entropy-

    I’ve seen posters on the Yahoo gossip boards who swear that they use Cramer is a counter-indicator. They must have done well this week!

  3. brucewho says:

    I saw this video link on CR as well. He and all the idiot financial shills on the MSM are just a distraction at best and propagandists for misdirection at worst. I used to get a laugh from him from time to time but the sooner he gets the hook the better.

  4. uuuthe says:

    Great video! This does not surprise me one bit. There was a guy on the Yahoo message boards that claimed to have made over $50K in one year ONLY on shorting stocks two days after a Cramer recommendation.

    Keep in mind that Cramer used to work for Goldman Sachs. http://en.wikipedia.org/wiki/Jim_Cramer

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