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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (31752)8/6/1999 4:43:00 PM
From: Proud_Infidel  Respond to of 70976
 
**OT**

Richard,

And it's pretty entertaining that, when the market disagrees with Kramer, it's the market that's being arrogant! Say what?

I thought he was kidding until I kept reading and realized he was serious! He is right and the whole world is wrong! Now who is arrogant? The free trial isn't even worth the money<GGG>

BK



To: Math Junkie who wrote (31752)8/6/1999 5:54:00 PM
From: LemurHouse  Respond to of 70976
 
Agreed. Reading TheStreet.com is worse than worthless, because "the bad displaces the good." They relentlessly flog their trial subscriptions and put out articles with these provocative titles to entice readers. But their worth is less than zero IMO. And if I remember correctly, Cramer's return on his portfolio was pretty dismal as well. On the order of 2% or somesuch last year. They nonetheless made a bundle on their IPO. Go figure.

Fred Schwed (sp?) wrote an amusing book some years ago about the relationship between those who make a living selling financial advice, and the market which buys it. "Where are the Customers' yachts." As true today as it ever was.

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