Jim Cramer Blog

On Friday, they played a rerun show from May where Cramer told people how he thinks they can get the most out of the show, and how they should use the advice he gives. Instead of just going out and buying and selling based on his recommendations, you should take the time to use the show as a starting point, understand why he is picking a stock, and what factors will move the stock in the future. Cramer said that he thinks he is a great teacher, but that one thing he is not is a dictator. He also said that just because he says he likes a stock, does not mean that his viewers should go out and purchase every single stock he recommends. He says that you must have a diversified portfolio. An investor must do the research and understand the rationale behind a stock before purchasing it. You want to focus on what Cramer thinks about a certain sector over a particular stock itself. Cramer said that during his lightning round, he basically is giving thumbs up or down on certain stocks, and not putting sound advice towards them. He said that during these lightning round sessions, he is giving advice on the sectors more or less.
Also, Cramer said viewers should expect that he will change his mind often. He said, "If you're going to get the most out of Mad Money, you have to understand that the market is dynamic, things are constantly changing and my opinions will change, too." After a certain point, you are on your own. That is wy he recommends homework so much.

Labels: CNBC, Jim Cramer, Mad Money, Mad Money Lightning Round, Mad MOney Recap