Friday, June 27, 2008

Jim Cramer Advice "The Flip-Flop that Ought to be Illegal"

Jim Cramer was quite bullish for beaten down sectors a couple of weeks ago including home builders. ON Friday June 13 he said to BUY banks and Retailers. A week later, on Friday June 20 2008, he said if you bought them you're not listening.

He also said to avoid oil and oil related stocks. A week later on June 20th these oil related stocks were up and he said to keep buying what was working so far. He seemed to take credit for "the petroleum complex" as "the ONLY green in a sea of red."

Video Title: "The Flip-Flop that Ought to be Illegal"



Huh? How does one follow this sort of "advice?

CNBC Bonus Bucks Trivia Answers

Daily answers posted at CNBC Bonus Bucks Trivia Answers

Here are today's questions and answers so far:

Squawk Box Question:
Print’s not dead at CNBC! Name the editor of CNBC.com’s new “Bullish on Books” blogger.
Answer: Gloria McDonough-Taub

Squawk on the Street Question: In Fast Money’s Web Extra segment “Najarian?s Sweet Trade” which food & beverage purveyor did Pete Najarian praise?
Answer: McDonald’s

The Call Question: In the CNBC.com feature “Shorting Stocks Could Be Way to Play This Market” which strategist predicted “one ugly decline”?
Answer: Kathy Boyle

Power Lunch Question: In the slideshow “Lifestyles of the Super Rich” how much do the swank Christian Louboutin pumps go for?
Answer: $2,500

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