RE:RE:Jim Cramer interview - stock market manipulation tactics Jim Cramer is one of the most corrupt "BS" con artists out there. Got burned one time from following his advise. That manipulator is a classic example of why one needs to do their own due diligence in any stock he promotes or bashes too. Sometimes you are better off just doing the exact opposite of what he recommends. Then again he has probably thought of that strategy too. You just do not know with that f'n manipulator. I hope he gets charged and taken to the cleaners for his stupid "illegal scam" spoken publicly recently. He got excited after making so much money doing something he thought was legal but not guaranteed legal. He has upset a large contingent of the hedge fund industry that has now opened up the investigation of his and other hedge fund former trade dealings that has for many years robbed the innocent investors of their hard earned dollars.
Cramer has made so much money manipulating the average small time and innocent retail investor just trying to better themselves and trying to invest for their hard earned dollars to enjoy a better quality of life just to stay ahead of the daily cost of living or true inflation as we see it and not the "bs" numbers you see coming from the media every month.
What a shame this world today and stock market has become. If I was investing in the 1930's today based on the money I have today, I would be a multi, multi, multi millionaire. There may have been some small amount (if any) of corruption in those days but NOT to the extent of today.
The worst part today is that the big hedge funds, bankers, shorters, manipulators , are all getting away with murder at the expense of the true innocent retail investors out there.
My question through all this is " is the problem too far along that it is impossible to correct? If so what happens when a true rebalancing or a "day of reckoning arrives" and what does that do to ones wealth whether you are holding stocks, mutual funds, gold bars, cash, money markets, real estate, bonds, etc"?????
Just worried and frightened if the world we live in today whereby most of our wealth earned over a lifetime of blood and sweat can so easily be taken away from us in this day of technology revolution whereby every piece of asset one owns is pretty much documented on one piece of paper or another. With every transaction that takes place today being done on line or transacted that way, what is the average investor to do to truly protect their assets or wealth? There is always a audit trail it seems.
The period we are going through today reminds me of what the old timers have always said and done.
"Spent your money when you have it and enjoy life".
" Be happy when you have the ability to wake up to enjoy another day."
"Life is too short. Enjoy each day you have on this earth"
"Don't spend too much time chasing the cadillacs of the stock markets. A cheap car will still get you from point A to B. Just less bumps on the former".
"You do not know what tomorrow will bring. Enjoy today as if it were your last day,"
There are plenty of others out there but these are very good reminders to be grateful if what you do have and can control and go forget what you cannot control.
Ron