Jim Cramer gets whipped by the Wizard
This is going to blow your mind. I am attaching a video that highlights Jim Cramer’s TV show on CNBC that portrays him as the stock picker supreme. He started Thestreet.com and has written a few books expounding his knowledge of the stock market.
Well the Wizard literally kicked his butt by picking the opposite direction of all the stock classes he recommended. On June 13, 2008, Cramer said to buy banks, brokers, home builders, financials, retailing, technology, and defense stocks. The Wizard called the Dow Jones short on the 6th of June and the S&P short on the 13th of June the very day Cramer called the market oversold and it was the time to buy these industries, the Wizard was picking them short. We picked them short and made handsome profits and he must have lost his shirt.
http://www.youtube.com/watch?v=_nkZ3eHeXlc
Now the following scans are from the Wizard and shows the results during this period. Some of these shorts we were in before the calls made by Cramer, but we are still in the trades and short with some great results.
Here are Cramer’s stock picks long. We picked them short and here are the results:
1.
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Here he said to buy Brokers and we shorted them.
2.
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He said to buy banks and we sold them
3.
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He said to buy defense stocks we shorted them, some before the 13th of June
4.
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He said to buy retailing we were short again
5.
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He said to buy Homebuilders we were short and stayed short
6.
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He said to buy technology and were short. And still short
7.
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I am sure you can see that the Wizard is the one to be picking your stocks.
Make sure you sign up for our free Demo and take a test ride to see how the Wizard operates.
