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To: Drake who wrote (39645)9/3/1999 12:00:00 PM
From: DOUG H  Read Replies (1) | Respond to of 152472
 
<<People of influence need to think more about "what happens if I am wrong", and then do a little hedging.>>>

You made me think of Greenspan, he's a tough listen sometimes but I know he realizes the enormous weight people give his every word. Remember the day Rubin announced he was stepping down? The market, who had gotten to know him, tanked in a nanosecond, then recovered just as quick when they announced Larry Summers.
Cramer is very entertaining, but I don't trust any of the talking heads.



To: Drake who wrote (39645)9/3/1999 12:00:00 PM
From: Mike Torrence  Read Replies (2) | Respond to of 152472
 
I disagree with you. Cramer's a trader/hedge fund guy. His column doesn't give advice. It tells you what he's doing. No more or less. I'm a perpetual bull so the only time I get disgusted with Cramer is when he starts shorting stocks I own but I realize that his job (short term trading with a lot of his money to get the #s) and my goals (retirement etc.) are not the same. I subscribe to the Street.com and like getting it. I read Cramer. He doesn't give advice.