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To: SeaViewer who wrote (71251)10/22/1999 2:46:00 PM
From: BGR  Respond to of 86076
 
Cramer is a hedge fund manager. Why anyone should pay hedge fund managers any attention beats me.



To: SeaViewer who wrote (71251)10/22/1999 2:50:00 PM
From: pater tenebrarum  Respond to of 86076
 
he has some value as a contrary indicator though...not unlike Ralphie boy.



To: SeaViewer who wrote (71251)10/22/1999 3:04:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 86076
 
I no longer read and listen what Cramer says.

Neither does Heinz apparently. This is the "down-500 prediction" he was apparently referring to:

"Let's get some stipulations here. This is October. As I said at the
beginning of the month, there would be selloffs, maybe even a
down 500 day. I got in shape for it. Now that it is happening,
over a course of a couple of days, obviously, what am I supposed
to do, panic just to please those who would want me to puke up
stocks cheaply? Oooh -- really scary!"