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Pastimes : James Cramer Skeptic Thread

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To: taxikid who wrote (717)	10/1/1998 1:54:00 PM
From: Pancho Villa	Read Replies (2) of 1254

Wow! now Cramer is a hedgy! I don't believe it. Read this, the guy is a real rocket scientist! "Wow, is this counterintuitive from everything we know for the last 20 years? But it is the gospel. It has to do with the fact that guys like me, hedgies, just stare at that bond because we know it can't lie. And that bond is saying something, mostly that the world is going to %#$&^#&^ in a handbasket. The bond simply isn't supposed to be here given the manufacturing index, the housing market, the auto market, the retail market, the oil market, the gold market. But the bond is so liquid and so truthful that I don't think it reflects a short squeeze -- that all of that current data are nullified. The bond says we must be worried. " He is finally getting it. IMO dow 6000 nasdaq 1250 are still way overvalued. Watch out below!

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