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Pastimes : James Cramer Skeptic Thread

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To: Carmine Cammarosano who wrote (854)10/20/1998 4:52:00 PM
From: Mama Bear  Read Replies (3) of 1254
 
" if you post your fax # or e-mail me your fax #, tomorrow I will fax over a copy of the two confirmations"

I'm not really that interested. The point is that you have the benefit of hindsight on your call. For all anyone knows you were buying on 7/17 (I also have no interest in auditing your account). Even a blind hog finds an acorn now and again. The point is that you didn't put your call out when you made it, so that people would have the opportunity to say that you missed it big time had that happened. Now that you've been proven right, you want the accolades. Of course you do realize that buying is only half of the transaction, right? You're really not right until you book the profit, or wrong until you book the loss. I have had losing positions on which I was up 20% and winning positions on which I was down 20% (or worse) at some point in their life.

It's nice that you take so much pleasure from Cramer's rotten call. Of course I got some value out of it, not some kind of perverse pleasure. But at least he put it out in real time.

Barb
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