Mad money?

Wednesday, August 02, 2006

I've found Mad Money to be an interesting and entertaining show. I am watching more regularly now that my daughter has arrived and I need something to do while she sleeps in my arms, and with the summer here, this is not bad. Anyway, I don't always agree with Cramer (the host), but where I have agreed and taken action on his recommendations, it's worked out well. The latest trade is Valero Energy (VLO), bought before Q2 earnings announcement yesterday. Earnings came out as (Cramer) expected. Yesterday wasn't a good day for the market, but today both the market and Vallero seems to be heading in the right direction...

I recommend the show, but only if combined with your own research and analysis. Make sure you're not "drinking the Kool-aid".


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