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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (176850)10/21/2003 6:22:52 PM
From: tejek  Read Replies (1) of 1576127
 
Ted, is it just me, or has Jim Cramer gone off the deep end today? Now he's recommending shorting drug and energy stocks based on his pro-Clinton, anti-Bush biases.

I don't know that he was recommending shorting those stocks but they have been languishing at a time when they should be moving up; to whit, both of us got stopped out of NGAS.
Cramer is not alone in his criticism. More and more economists are disappointed with Snow's stand on a number of issues.

I don't know much about drugs but energy should be moving up. Bush's energy policy, however, is adding to an uncertain environment for energy. Getting Iraq into OPEC was just plain stupid.

Makes me suspicious of his expectation of $45 on INTC. After all, he did screw up big time on his AMD short.

He does better long than short, and I suspect his INTC will be right.......biz in the chip sector has picked up dramatically. However, he never gets AMD right.......but in truth, many were predicting AMD's demise just 6 months ago. It was so bad, I didn't even bother to post the articles.

Frankly, I think Cramer is a good guy and worked very hard to be supportive of Bush up until 3 months ago. However, there is a point where you have to stand up and be counted when you think the leadership of your country is screwing up. I think that's what motivated Cramer to say something. It must be hard since his partner is an avid Bush fan.

ted
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