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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: byhiselo who wrote (20112)9/7/1999 5:38:00 PM
From: LTK007  Respond to of 56535
 
<<As a metter of fact, I believe he was
short RBAK himself and reversed position late in the game.>> yes he was short and then switched(actually I think it was his partner Berkowitz switched him:) There is is article on the street.com site written by another that tells one HOW to read Cramer,it is a nice read---I think the biggest point is Cramer is pure trader,and as we know traders have mood swings from short to long to short on a stock is matters of an hour:)
I think Cramer put all his experience to work to analyze the Red Hot phenomenon after he got caught in a short position.
Cramer seems like a Damon Runyon character,but the guy is sharp as a tack---from the streets of Philly to Harvard to
Harvard Law school grad to Goldman Sachs--so I put up with all his fallible sides to get at those flashes of brilliance.:) Max