6.16.2006

ATTENTION ALL HOME GAMERS


Thought it was time to update the Mad Money stock picking record as computed by booyahboy audit, the original Jim Cramer tracking site.

The highlights are that Jim's picks are up 2.7%, the DJIA is up 2.9% and the SPX is up 1%. According to the site, Jimmy has now picked 844 stocks and commissions/transaction costs/taxes/ and most importantly the value of your time and sanity, are not included in the computations. The methodology on the site is to use the 4:00 PM close for the prices of any stock picks which are made after 4, so any price increase in the afterhours is a free gain, very similar to my GS trade from yesterday (lol) where the price gapped $2.5 bucks on the open. Isn't it surprising that Jim can't beat the DJIA, a price weighted group of 30 old line stocks, even with the gap advantage.

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