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Technology Stocks : TheStreet.com, Inc. (TSCM)

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To: Jack Hartmann who wrote (1033)11/10/2000 2:24:46 PM
From: Street Hawk  Read Replies (1) of 1822
 
Cramer seems to have disappeared over the last couple of days.

I guess when he makes a bad call and gets bullish when Nasdaq is at 3450, best to just hide for a while and let people forget about it. A 10%+ drop in less than a week after his bullish call. What a clown.

thestreet.com

Raising the Animal Spirits
By James J. Cramer

Originally posted at 4:23 PM ET 11/3/00 on RealMoney.com

Bullish.

Hey, that's no sin. Can't help it. I liked this day. It had the same animal spirits that I saw every day this week. I use the term "animal spirits" because Steve Einhorn, one of the key research folks in my earlier career, used to use that phrase when he wanted to describe something ethereal, something oddly strong, when the market went up.

I haven't trotted it out lately because the market hasn't had those spirits. I remember when I used it last, because not long after Barton Biggs gave this talk on CNBC where he blasted people like me for comparing the market to a living, breathing organism. He dismissed it as a bunch of numbers or pieces of paper, or something clinical. Drove me crazy.

Sometimes the market just has it. It acts bullishly. This is one of those times. Memo to Barton: This market acts like a bull market. Sorry.
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