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Non-Tech : James Cramer
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To: Mama Bear who wrote (627)6/8/1999 1:51:00 AM
From: Adam Weiner   of 766
 
Looks like Cramer is more confused than ever. In his article on Friday after the market closed, he wrote that the price runup was due only to short covering (http://www.thestreet.com/comment/wrong/753744.html). But today, he writes that the Friday runup was due to a buy program (http://www.thestreet.com/comment/wrong/753987.html) [with the implication that the buy program was for buyers, not short-coverers]

As he's prone to do when he's short on material, Cramer takes daily guesses on how the market works and why it does what it does. I always claimed Cramer was clueless, but god love 'him, he seems completely oblivious to his ineptitude. Ignorance is truly bliss.
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