Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (27626)	8/13/1998 9:22:00 AM
From: marc chatman	Read Replies (1) of 95453

<<give the man credit - he had his reasons on being down on the patch earlier (great call) and now is going long>> I'll give credit where credit is due. And this time, Cramer gets credit for taking so many positions that at least one has to be right. Wasn't it about a week ago when he said that the sector was dead money at best until the third quarter 1999, when companies can show favorable year-over-year comparisons again? And at the same time he predicted that the sector will see major tax loss selling for the remainder of 1998? Am I the only one who remembers this? I'd probably have to look through 1000 posts to find the reference (which I don't think is going to happen). Nevertheless, Cramer's hype gets people to buy, which is ok by me.

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