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Pastimes : The Other James Cramer Thread

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To: WTD ADMIREE who wrote (26)7/31/1998 1:50:00 AM
From: Michael Elizabeth Chastain  Read Replies (3) of 35
 

... as hyper and intense as he can get with his
"I'm never wrong" attitude ...


I gotta say, I find this take on Cramer downright strange. How about these stories he's written:

o The time in law school when he thought he was wiped out on some option play, and the only thing that saved his ass was that he had got his order mixed up and actually had taken the opposite position

o The column where he said he could not find one single winning trade in ASND in his trading records, "and I trade it like a banshee"

o How about the time he first went door-to-door for Goldman Sachs, and he (1) solicited two people who already had Goldman Sachs brokers and (2) got himself locked in a stairwell

o The time he heard an order as "fifty thousand" and the customer came back and said "how are my fifteen thousand shares" and he ate the difference

o His one-man short squeeze in Noxell? (He was on the receiving end, very painful).

I could go on. Those are just off the top of my head. Cramer says "I was wrong" in public more than every other market writer I've ever seen. But he always keeps that "never say die" attitude, even when he's describing a huge mistake.
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