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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?


To: Adam Weiner who wrote (632)6/8/1999 1:17:00 PM
From: Stocker  Read Replies (2) | Respond to of 766
 
That stuff you quote in your last message was not from me <EOM>

Wasn't from me either - thought it was you or Mr.Mark.

Re Cramer's internet trades - once again, the guy is a trader. Just because he or anyone else is cautious up to the next fed meeting doesn't mean you can't put on a few net buys if you think the market is going to bounce back for a few days. Trader - same as opportunist. What you felt last week can change dramatically based on what's happening today. Cramer's not really paid by his investors to make long-term calls, just get the ebb and flow of the market right most of the time. You don't even have to be right 50% of the time as long as you know when to make your big bets.

Funny how you guys just read his stuff to find material you can use to beat him up with. With that kind of attitude you guys are totally wasting your time. The way to learn about trading is to read a big variety of writers stuff and then form your own opinion about the market. Get caught up in following only one or two people or only those who have the same opinion as you and you're likely to get caught way offside someday.

Funny too how you guys love to jab Cramer about his market calls when there's never been a post by one of you on this thread about where YOU think the market is headed. Market calls are easy in past tense.

For the record - Cramer's expectation re the non-farm payrolls was much lower than concensus which means that he was closer to right than most.