>> He's a "trader" man!!!! - not as much a long term investor
>> (his portfolio is about50% trading/50% long-term if remember >> right).
It's OK to be a trader and trade from hot news, but you've got to use trusted news sources. I mean, the man has a Bloomberg box doesn't he? It would have taken all of 10 seconds to look on the box to verify if the story was real.
>> In the end it's the guy who looks back at his mistakes that
>> doesn't make them again. It's great that Cramer shares that
>> with his readers.
All he has is mistakes to share. What about all those great trades he makes, you say? DELL, CSCO, INTC, YHOO, AMZN - yea, I make great paper trades also. But like Cramer, they don't help my *actual* return. The proof is in the return.
>> By the way, as a fund manager, you don't scan stock boards looking
>> for news, that's what you pay Bloomberg/Reuters and gazillion
>> $$$/month for
Exactly. But this story didn't run on Bloomberg (not the real Bloomberg anyway), it ran on a 'net board. So why pay "gazillion $$$/month" for trusted news sources and completely disregard them?
>> Who are you anyway, "the smart money"?
Compared to Cramer, I am Einstein money. |
