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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 3:59 PM EST
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To: Ibexx who wrote (65161)1/29/2000 12:43:00 PM
From: sam   of 152472
 
That's why most hedge fund managers prefer to remain quite when it comes to their positions. In their business, as in poker, its best not to show your hand. If others know what you are doing, they can and will use it against you. Indeed, they often play against the "daytrading herd" as they see it because they see daytraders as very weak handed holders. And daytraders are often very public in their positions -- as we all know so well. Cramer, on the other hand, uses his Street.com pulpit to try to sway the market. Lets face it, the market DOES move on news...and on stories. Even his stories. He knows this. As does every other manager who uses the CNBC stage to "tell us their picks."
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