Jim Cramer's Mad Money Review

This site is dedicated towards tracking Jim Cramer's stock picks on his TV show Mad Money. Read about and discuss Jim Cramer's ability to move markets. Be ahead of the stock market. Get the news before its news.

Monday, June 26, 2006

Mad Money Review

Tonight on Mad Money Cramer expressed that there is always a bull market somewhere and winning in the stock market is not random. You need to make plans and stick to that plan. The key is knowing yourself and what kind of trader that you think you are. He also said that you should never turn a trade into an investment because it becomes possible that emotions will drive your trading habits. If you have $50,000 to invest, Cramer said that you should buy between 5 and 10 stocks, but decide what style of trading you want to conduct and stick with that decision. The first step towards finding the next big investment is finding a financially viable company with little debt and good cash flow. This should be a basis for any investment decision, not just a general recommendation from Cramer.

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