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Pastimes : James Cramer Skeptic Thread

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To: craig crawford who wrote (783)	10/15/1998 2:38:00 PM
From: Carmine Cammarosano	Read Replies (2) of 1254

Criag, one week ago at this time, the market was in trouble and Cramer gave up. The Market then turned and by the end of the trading day, the market had life again and Cramer was holding the bag(bearish bag)...My stand at that time was that of capitulation(over 1 billion shares traded)although not classic...I stand by my bullish sentiment...low stock prices and low interest rates makes for a good time to invest, NOT a good time to be bearish...Cramer missed it big time and ran silly! Granted, there are some international concerns, but so what? Aren't there always concerns? Afterall, we do have leaders that are working through the problems...Cramer now thinks the rally in "techs is for real"...Come on Cramer, give us all a break from your flip flop bull...do you sell low and buy high?...Cramer, you marked the bottom in '87 and now you marked the bottom in '98...I suspect Cramer will not talk much about this bearish call, but one must be fair and give Cramer credit for waking up out of his coma...seeing the great opportunities all around and becoming bullish again...

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