Jim Cramer Puts Foot In Mouth Again!

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Jim Cramer Puts Foot In Mouth Again!

By Guy Lerner on March 7, 2009 | More Posts By Guy Lerner | Author's Website

Jim Cramer is at it again -speaking before thinking and pontificating on a subject he knows very little about.

Before we get to another Jim Cramer “moment” let me state that I have no personal axe to grind with him, and in fact, as a former contributor to TheStreet.com, I am indebted to Jim Cramer for giving me a start and some credibility in the financial publishing business. I don’t know the man, and I doubt he is even aware of my existence. I think he is genuine about helping investors, but I guess his downfall is that he must be a entertainer first and an analyst second. It is a tough job.

Where I take umbrage with Mr. Cramer is in the following CNBC “Mad Money” segment shown on March 3, 2009. Cramer calls technical analysis “hocus pocus”, “voo doo” and “mumbo jumbo”.

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