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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (18787)	1/16/2000 2:40:00 PM
From: redwood	Respond to of 57584

Rande....keep up your good work....posts like this last one are the reason i like t0 hang around here....i tried "the street.com" for their free month an personally couldn't take it....too much of a distraction for me....too many words going nowhere .....redwood

To: Rande Is who wrote (18787)	1/16/2000 9:00:00 PM
From: KevinThompson	Respond to of 57584

Rande, As you pointed out, seems rather hypocritical for Cramer to rail against "DOT COMS" after having recently IPO'ed their own TheStreet.COM I have no regard for Cramer and his TheStreet.com. To me, TheStreet.com is representative of everything that the individual investor has to watch and struggle vigilantly against. I recall watching him being interviewed on some wall street tv show (maybe CNBC) back when Cendant was admitting the horrors of their "non-standard" accounting practices discovered after their merger. Cendant's stock (CD) took a terrible tumble and I guess that it was one of Cramer's fund's largest holdings. I have never seen such a whiner as he - it was pathetic in every way. TheStreet.com bills themselves as the "inside track" for the little guy. This group is as big a bunch of insiders as any you'll find. They are no friend of the individual investor. Regards, KT

To: Rande Is who wrote (18787)	1/17/2000 1:46:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 57584

I agree, Rande. And let's patiently try and pick those stocks which have been manipulated way down by MM's and big short interests on very temporary "bad" news. LU an obvious one most recently. AOL too, though I've yet to sense a bottom. Should be a fun process, and of course, fits my investment instincts like a glove. I just love 'em when they tumble. And have come to realize how with the right timing it is easy to let short covering boost your buy at the bottom. But the trick is to ignore sentiment and buy when no one else wants to, when CNBC is poo-pooing a stock, when it looks like there's no tomorrow. Because that is probably the rock bottom. At least when you have fundamentals supporting the situation.