Jim Cramer lost my respect?

i read on the web that Jim Cramer called sovereign wealth funds from China and Middle East who bailed out the Wall St "terrorists and communists. I was so ******* shocked. Those investors were looking to invest in this great country. They are supporting American jobs. I have now lost respect and trust for him. He's now no more than a xenophobic, redneck loser!

what do you think?

He's entertainment. I don't take him very seriously (or most of the rest of CNBC).

I think he is absolutly one hundred percent correct

Jim cramer is a person that wants to help, not hurt investors.
I bought all of his books and enjoy them.

Anyone that follows Cramer is generally a novice looking for an easy way to make quick money. Cramer is entertaining and (in general) appeals to losers.

I generally ignore everything Cramer says on television. But I think he's 100% right on this point. He's not a xenophobic, redneck loser, as you state - he's a red-blooded, true American patriot. He loves his country. And for that I do respect him.

My problem with Cramer is his ethos that, "there's always a bull market somewhere." His stock picks mostly do well in the long term. But I think (because of my experience) short- and intermediate-term traders have the best results shorting his picks, simply because of his notoriety. As soon as he mentions a ticker symbol and presses his 'Buy Buy Buy' button, the stock can shoot up a few percent on higher volume. That's when the Shorts move in.

Long-term holders get hammered because the people who were looking to make a quick buck don't have the patience to wait for the now overbought stock to reach it's now overvalued price. Traders who bought on Cramer's button, and couldn't recognize a sell signal, will probably end up getting stuck.

Novice traders won't want to sell too soon because they think they'll end up missing a huge profit, but will usually end up selling too late - at a loss, as the stock corrects itself. A simple example of supply and demand. No more buyers. They don't understand how to recognize support/resistance levels and wind up somewhere underneath the lowest one - usually below their initial entry point. Most people don't have the right psychological makeup to be full-time traders.

Cramer wants to make people money, I truly believe this. His books are worth reading, but his show is all about him.