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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: lee kramer who wrote (72630)11/22/1999 12:23:00 PM
From: Lane Hall-Witt  Respond to of 120523
 
I wish CNBC would do more to bring on small-time traders like ourselves to share stock picks that are more relevant to us. The only picks we get from the pros are stocks that have sufficient liquidity to absorb the millions of dollars they're trying to move. The universe of stocks for people like us, moving say $1K to $300K at a time, is much larger. I'd like to see talking heads who can go further down the food chain and point us to some of the really cool small caps. We can afford to invest in something other than DIS, MSFT, and IBM because we don't have the same liquidity constraints as the pros.

CNBC also desperately needs to find another Cramer, a wild child who'll call bullshit on the games the pros play. He offers that look behind the scenes that I think is valuable for small-timers like me who have never seen the game from the inside. It amazes me that Cramer's just about the only journalist who's willing to come out and say: the analysts are full of crap -- they're just momentum players like all the rest of us -- they're pumping their stocks so they can dump them on newbie amateurs.

I wish TheStreet.com would bag its weekend TV show so we could get Cramer and Greenberg back on CNBC where they belong. I've only seen TheStreet.com show once, and it was awful. Cramer just didn't have the juice without Haynes, the Brain, and the Kahuna to fire him up. He looked like a frat boy visiting his girlfriend's fundamentalist Christian parents.