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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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Nov 12 4:00 PM EST

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To: John Pitera who wrote (8424)	3/18/1999 3:13:00 PM
From: Elroy Jetson	Read Replies (1) of 99985

I think Cramer got killed buying Oil Drilling stocks last year on the "dip". I recalled being amazed as he bought more instead of cutting his losses as they continued their slide. Last week he mentioned he unloaded this group on the rally. Loading up on losers rather than cutting your losses is a performance killer.

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