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New Column: Monitoring the 'Mad Money' Madness

My latest screed is now posted at TheStreet.com, titled New Column: Monitoring the 'Mad Money' Madness .

It looks at some of the more speculative elements of Jim Cramer's Mad Money show, and discovers that for lots of investors traders, the show has become little more than a tout sheet.

Here' an excerpt:

"I've been mulling over investor complacency for some time now, and Doug Kass' concerns last month heightened my interest in this area.

In case you missed it, Kass penned a piece comparing Jim Cramer to 1980's investment guru Joe Granville: "It is the immediate, frantic and unquestioning manner in which investors/traders respond to [Cramer's] ideas (not the ideas themselves) that is reaching silly proportions, and that has me unnerved, causing me to question whether the response to "Mad Money" is a microcosm of a market that has driven fear and doubt away and is ready for a fall," Kass wrote.

You can read Cramer's response here, but I wanted to see if Kass was correct. I was not disappointed in my hunt for signs of speculative excess."

It seems there are some signs of specualtive excess appearing . . .

>

Source:
 Monitoring the 'Mad Money' Madness
RealMoney.com, 2/3/2006 12:24 PM EST
http://www.thestreet.com/_tsccom/comment/investing/10266337.html

Friday, February 03, 2006 | 01:04 PM | Permalink | Comments (20) | TrackBack (3)
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Comments

Careful. Even at his age Kramer still looks like he can kick someone's ass. Barry you might run into him in the halls at CNBC or MSNBC or FOXNEWS or ABC or NBC or CBS. so, be careful.

In other words, "watch your back" man. Kramer has been known to beat the S*&t out of computer Monitors, and keyboards.

Posted by: David Silb | Feb 3, 2006 1:54:41 PM