{"id":6847,"date":"2010-02-15T09:24:31","date_gmt":"2010-02-15T14:24:31","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=6847"},"modified":"2010-02-15T09:24:31","modified_gmt":"2010-02-15T14:24:31","slug":"jim-cramer-actually-got-it-right","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/02\/15\/jim-cramer-actually-got-it-right\/","title":{"rendered":"Jim Cramer Actually Got It Right\u2026"},"content":{"rendered":"

By Adam Hewison<\/strong> – It\u2019s no secret that we\u2019ve been socked with snow this past week. During that time, I was flipping through channels and came across Jim Cramer\u2019s show Mad Money. I\u2019ve said this before, Jim is a great entertainer. I am not so sure how good he is at picking stocks.<\/p>\n

He mentioned shorting one stock, Garmin (symbol GRMN). What he said about Garmin sort of made sense to me both from a technical and fundamental viewpoint.<\/p>\n

See the Video Here.<\/span><\/a>
\n<\/strong><\/p>\n

So here is the fundamental viewpoint\u2026 Many of the new phones that are coming to market are referred to as \u201csmart phones\u201d and have the same capabilities as a standalone, turn-by-turn GPS. In my own case, I have an Apple iPhone. I was looking for a navigational application in the App Store and found exactly what I needed and the good news was – it was free, that\u2019s right free. So the question is, why would anyone pay $150, $200, or even $300 to Garmin to have one of their systems? Fundamentally, I think his case is very sound.<\/p>\n

Then, I looked at the technical picture for Garmin and noticed that we had a red monthly \u201cTrade Triangle\u201d sell signal some time ago (November 4th to be exact at the price point $27.06). So here we are some three to four months later having Jim Cramer tell us that Garmin may be a short.<\/p>\n

For my money, I want to be trading the \u201cTrade Triangles\u201d and not listening to Jim Cramer and getting old news.<\/p>\n

In this short video on Garmin, you will see exactly what were looking at and where the signals kick in. I also point out where one very important technical indicator is at a tipping point.<\/p>\n

As always our videos are free to watch and there are no registration requirements.<\/p>\n

See the Video Here.<\/span><\/a><\/strong><\/span><\/p>\n

I hope you enjoy the video and make a comment on the blog about how you feel about this market.<\/p>\n

All the best,<\/p>\n

Adam Hewison
\nPresident, INO.com
\nCo-creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

By Adam Hewison – It\u2019s no secret that we\u2019ve been socked with snow this past week. During that time, I was flipping through channels and came across Jim Cramer\u2019s show Mad Money. I\u2019ve said this before, Jim is a great entertainer. I am not so sure how good he is at picking stocks. He mentioned … <\/p>\n

Continue reading “Jim Cramer Actually Got It Right\u2026”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6847","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=6847"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6847\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=6847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=6847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=6847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}