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Strategies & Market Trends : The Art of Investing

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To: Sun Tzu who wrote ()	4/28/1999 5:43:00 PM
From: Sun Tzu	Read Replies (1) of 10603

I wonder how is Jim Cramer doing. He actually had the arrogance (is he ever anything but) to go on the squawk box and say "look, if Internet stocks beat the estimates, they go up. It is that simple". For the record, everyone of the internuts has beat the estimates by large (sometimes very large) amount this quarter and they have all fallen after the report. AMZN is the latest one to beat the estimates and drop $7 in after hours according to Reuters. What really bothers me is that I can't short them and the options are way too expensive :( On another note, this is a very dangerous market for longs or shorts. Take a look at MCK, APCC, and AAPL charts since the begining of the year to see what I mean. Sigh! Sun Tzu

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