Enough is enough. Ive watched the Jery bashing all day, and will put my two cents in. 1)Jerry is very animated, its simply his personality. Dont confuse animation with EGO. 2)Jerry was indeed wrong in march 2002, but he quickly fliped and went long. That in my opinion is a huge positive, not something to hold against him. There are a few of us who believed in the Big C early on and made lotsa money. We disregarded are overall negative market views and traded the charts. The stuborn, headstrong bears here lost or flat out missed out on a 100% move in the Nazdaq. You guys are slamming Jerry? Take a look in the mirror folks, dont take out your frustrations on Jerry cause you blew it. Ive observed Jerry in action, and Though I admit he is overly promotional some times, he is a DAMN GOOD TRADER, and preaches inteligent creed to neophites whom under lesser stewardship would be led to slaughter. Yea Jerry was wrong at the turn, and may have lost 10% but he cought the other 40-100% up cause he realised his eror. That is the difference between a good trader and a looser. Look at Dino, he finally got bullish at 10K for christ sake-g-. I would highly recomend Jerry's "padded room" and his opinions, as a valuable resource for daytraders, and short term oriented traders. I agree when the turn comes Jerry will get hit for 5-10% but the sign of his ability is how quikly he recognises his incorrect read.
FYI I agre that everything looking so Bullish is in itself bearish just as the opposite was true in June 2002. |
