Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.580

-4.5%

Dec 4 3:59 PM EST

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To: Kevin Podsiadlik who wrote (6721)	2/15/2000 12:01:00 PM
From: J.Y. Wang	Read Replies (2) of 10293

I made an educated guess that the theme was similar to what you posted to me. You made an assumption, and we know what those are. You're on the Naked Truth thread, aren't you? No. Don't even know what the Naked Truth thread is. Do you know why he's 35% cash (or was as of last week)? Do you even care why? Somehow I doubt it. Do you want to tell us or do you just like wasting bandwidth? Well I can see you approached the article with an open mind. Fine then, henceforth whenever I refer to anything by Cramer as a "must read", that compulsion no longer applies to you. Happy now? If I didn't have an "open mind", why would I read Cramer on a daily basis, many times a day? How many momentum traders read Greenberg, Bronchick, Padinha, or the other thestreet.com writers who think the market is insane and essentially a fundamental-less casino? Who has an open mind and who doesn't? The reason I still read Cramer despite the excess of vapid articles on his part is because I am always interested in hearing theories about why this market may stay this high or go even higher. The most brilliant insights Cramer has given is: 1) Market is going higher because the economy is good; 2) Good stocks will go higher and higher because valuations (price) are irrelevant now; 3) Individual momentum investors are smart; 4) Institutional value investors are stupid. Give us some real insights. For example, I liked his series about how he got his ass kicked in 1998 (or 1997?). It gave insight. His current articles are getting more and more vapid.

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