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A Study done by Jon Durante: Jim Cramer on Updown.com
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Jon
 
By Jon
Published on 02/11/2009
 
I had no idea where to study his stock picks since my classroom assignment was not nearly as focused as this was. I didn’t want to invest my real money since Cramer really never tells you when to get out of the stock. Updown.come is where i went to find out how Jim Cramer does.

A Study done by Jon Durante: Jim Cramer on Updown.com
I am a college student, currently attending Boston College, who wanted to study and track the stock picks of the famous stock guru, Jim Cramer. The study began as a class assignment to study stocks but then I decided to study the people who really have an upper hand for picking the right stocks. To begin, I decided to watch the show on a weekly basis to get a feel for how Cramer picks his stocks and focuses on specific sectors. I had no idea where to study his stock picks since my classroom assignment was not nearly as focused as this was. I didn't want to invest my real money since Cramer really never tells you when to get out of the stocks. After searching the internet for a website that allows for a fantasy investing environment, I stumbled upon Updown.com. This site allows the user to trade any stock that is traded on any major stock exchange. It is a stock market game where they give you 1,000,000 virtual dollars. You can trade it anyway you want to. I was buying and shorting the stocks that Cramer was advising his audience to do. This proved to be very interesting to test to see if Cramer was right using a great website. After becoming a member, I realized that there is a lot more than just trading that you can do on the site. You can read and analyze stock picks. Often, I would check Cramer's stock picks against what the users of the site had to say. After reading what the users had to say, I would decide how much of my 1,000,000 dollars I would invest in each of his picks. After a couple of days, I would check back to see how my portfolio of stocks was doing. The site gave me multiple options to check not only the day's change in my portfolio performance but also the change since the time I started analyzing Cramer's stock picks. After about a week or so, I would get Cramer's new hot stock picks and sometimes add them to my portfolio. Often times, I would sell my existing shares of stock and use the proceeds to see if his new stock picks were right on. With the market the way it is, it is often very hard to predict how the stocks will fluctuate on any given day. Therefore, I usually gave the stocks a week to help my portfolio. I could not have done this study without Updown.com's help. Their fantasy investing site really gives the amateur trader an edge to practice his investing strategies even if it is just following Jim Cramer's advice. The study was done for one of my school classes, but it provided invaluable advice and insight on how to trade stocks.