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And the biggest problem with this is the loss caused by the imperfect information he's spreading. Let's say your stock has been down 5 points, he says DUMP, you dump, it recovers. Why did it recover? Was it ever really bad? Maybe you just got swindled for the margin. It's possible
What about Bear Stearns?
Anyway my money is mostly in mutual funds and bonds so this really doesn't affect me, just loved the interview.
DISCLAIMER: I don't know that much about the markets, let alone Cramer. I'm kinda taking the Jon Stewart perspective.
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