Cramer on energy: "Get negative on everything". [USO]

Today's sage words of herding wisdom come out of the mouth of TV clown Jim Cramer who now strongly advises that everyone get negative on everything having to do with energy.  Oil is down from well over $100 to now in the mid to upper 40s and this asshat wants people to "get negative"?  Sounds like a sell low buy high strategy if ever I saw one.  Where was Cramer when I called nearly the exact 2014 peak on oil?  Well, as you can see over at trackjimcramer.com, page 4 shows several energy related stock picks in the April 2014 time frame.  Note his rating at the time and then the performance since then.  XCO is up 77% after being panned by Cramer.  HES, NRG and NBR were top picks with 5 / 4/ 4 stars respectively.

Cramer simply could not have been more wrong!  That's because he doesn't know what he's doing and apparently thinks that whatever "fundamentals" he decides to talk about on the show actually mean anything to the share price.

The lesson is simple: if you hear someone telling a "story" about why the shares will go up which does not involve some kind of technical analysis and buy low sell high strategy then you are gambling on Wall Street's terms, not on your own terms.  By doing this you give them the upper hand.  Any of these analysts on CNBC and Fox Business, etc. are all the same from what I have seen.  They simply package up what the herd is feeling and feed it back to us from behind a suit and a fancy desk.

Cramer's negative calls against oil are getting louder each day and I am thus more sure than ever that a turn is near if not upon us already.

Now, once Cramer is back into oil and pooh-poohing his prior calls for lower oil prices, that is the time to get out and leave everyone who listens to him holding the empty paper bag that in fact is what all stocks and bonds actually are - Wimpy promises to pay little to nothing but loaded to the gills with risk.

Just so there is no idea that I am casting slings and arrows at him while offering nothing of my own in its place, this is my top count for USO.  While Cramer is a fool, I know too many people that sling hash but offer nothing of their own/take no personal risk.  They strike me as being even worse losers than Cramer is.