A couple of weeks back driving down to Chicago for a marathon, I got hooked on Jim Cramer's Mad Money show on XM radio. His persona and folksy, adrenaline-lined wisdom is black and white. Love it or hate it. Having spent 8 hours in a car with about half of the ride accompanying the omnipresent and omniscient Cramer blaring from the speakers made me get hooked. He's passionate, he's funny, he's experienced and by-and-large he backs up his claims. He even has a Cramer Bounce where stocks can rise almost 5% on overnight markets principally based on his advice. The fact the guy has an encyclopedic mind for every stock on the Dow, Nasdaq and probably even some other far flung exchanges is gravy on top.
I befriended Mr. Cramer on Facebook this week, it turns out wrong week. Check out the tirade on his show yesterday (and no I wasn't one of the advisors he talked to). Can't help but love his out of control, Don Cherry-styled wigout that even makes his co-host get a little scared and tries talking him down from the ledge. Great TV, however If your an investor watching this, your prospects are likely more boo-hoo than boo-yah!