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

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To: Jack Hartmann who wrote (1452)4/4/2003 11:13:31 AM
From: Jack Hartmann  Read Replies (2) of 1822
 
Cramer changes mind on DOW 9000
Bought late, sold late. Lost money.

Sell This Euphoria
By James J. Cramer

04/02/2003 10:51 AM EST
URL: thestreet.com

Oh great, the cakewalk folks are back. You know them; they're the people who think that Baghdad will collapse like a house of cards and there will be no casualties.

Wrong!

It is pretty obvious these days that you have to sell the euphoria and buy the despair with this war, except for the last bit of despair, when you can't sell because it will be the real deal.

For me, from the sidelines, I can't afford to sell. I might not be able to get back in when the next news after the casualties comes out, which will be that Saddam Hussein has run off to Tikrit or has been killed.

But I find it hard to believe that someone as clever and as evil as Saddam won't spring something that makes this current rally seem like yet one more premature celebration.
**********

Jack
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