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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (11674)10/17/1999 10:13:00 AM
From: J.Y. Wang  Read Replies (1) | Respond to of 18998
 
I'll bet more on MP than Cramer anyways:

Here is an earlier statement issued by the celebrity who was right again:

#reply-9992646

"He is a good counter indicator and Herb Greenberg does a first class job"


Cramer is not stupid. Some of his articles are extremely well written and insightful. The point of my post is not that Cramer is an idiot but that he is always a bull in his articles but his significant cash indicates that he expects the market to correct, and correct significantly.

I am more critical about how he pounds the table every day for his "Red Hots" (high-growth, extremely over-valued stocks) but privately holds a ton of cash. I wonder how many people are going to complain/sue/cancel subscription/bitch online when the Nasdaq corrects more.