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Strategies & Market Trends : MOVING NOW! -- Ignore unavailable to you. Want to Upgrade?

To: rocklobster who wrote (6819)	11/29/2000 8:14:04 PM
From: 2MAR$	Read Replies (1) \| Respond to of 8046

try this rock: astrikos.com ;-)

To: rocklobster who wrote (6819)	11/30/2000 6:09:26 AM
From: lee kramer	Respond to of 8046

If you have Qcharts the symbol is nq00z for futures. It may the the same symbol for other chart sites. (Lee)

To: rocklobster who wrote (6819)	12/16/2000 12:17:12 PM
From: lee kramer	Respond to of 8046

DAYTRADING: The Highs and the Woes 12/15/00 After years of work I've come up with something I call the "Lee Kramer Stupidity Quotient." It's an infallible indicator that let's me know immediately when I'm trading like an amateur, a fool or a rube. It flashed again last week. I immediately followed the check-list that is part and parcel of the Stupidity-Quotient; first I wept. Then I took to my bed for forty-eight hours of seclusion. My seclusion was interrupted by Suzy who hollered "Phone call for you. Long distance." I looked at the check list. Under phone calls it said "No phone calls. Think of an excuse." "No phone calls" I hollered back to Suzy. "Tell them I'm tending my tin plants and cannot be disturbed." "It's Regis," she said. "Regis? Regis Philbin? The guy that dresses better than George Hamilton?" "That's what he says. Maybe you'd better take it." Suzy said handing me the phone. "Hello?" I said. "Regis Philbin here" said the familiar voice, "Is this Lee Kramer? I have to speak with Kramer immediately." Gee, he sounded angry. I didn't think Regis ever got angry. "I'm Kramer" I said. "Get over here now and get this Dortmunder fellow off of my set." "Dortmunder's on your set?" I asked incredulously. "Yes. And he won't leave." "What's he doing with you?" I asked. "He's one of the ten contestants on tonight's show." "Dortmunder's a contestant?" "You didn't know? He has you listed as one of his lifelines. Said you were his trading partner in the stock market. He also listed your shrink, Doc Kronkite, who happens to be my shrink too, as another lifeline. But this Dortmunder character is causing problems and he has to go." Regis gave me the address and I told him I'd be there within the hour. I got to the studio and took the elevator to the ninth floor. Regis was waiting at the door. His tie was askew, his suit was rumpled and his hair was caked with bananas. "What happened Regis?" I asked. "He's a chimp!" "Mmm." I said. "And he speaks in a clipped British accent!" "Mmm." "And he's wearing a three-piece Saville Row suit. He looks better dressed than me. Nobody looks better than me on my show." The poor fellow was very distressed. "I'm sure I can talk Dortmunder into wearing something else." I said. Then he told me about the interview he had with Dortmunder to get some biographical information for the show. "So you're in the market? I'm in the market too. What do you like?" "I'm short," said Dortmunder. "Well, you're a little on the short side, but you're taller than many. "No, you bloody fool, I'm short in the market." "Well, I'm an investor. Lot of bargains out there, don't you think?" "There are no bargains, only overpriced stocks that have much further to fall." "Well, I was listening to Maria the other morning on CNBC and she said that there were billions on the sidelines just waiting to enter the market." Dortmunder sneered. "Short the techs, short the autos, short all rallies." "But I don't like to sell short. It doesn't feel right." "Then sell all the stocks in your portfolio and put you’re money into T-bills for a while. You do have a portfolio?” “Of course I have a portfolio. But you’re not suggesting that I sell my Microsoft? I love my Microsoft. My advisor just told me to buy more Microsoft.” “Who is your advisor?” Dormunder asked. “Same fellow Doc Kronkite uses, Mendelbaum the fund manager. Doc says he’s a genius.” I learned later that when Dortmunder heard the name Mendelbaum he peeled a banana, walked over to Regis, shmushed the banana on Regis’ head and said he wanted to meet the other nine contestants. Soon he’d insulted them all and within minutes all nine were trying to strangle Dortmunder. Now Regis was pleading with me to get rid of Dortmunder who was now sitting in Regis’ seat on the set and tossing bananas at the crew. I huddled with Regis, whispered a few words into his ear. He smiled, pulled out his cell phone, dialed. “Hi Alex, Regis here. Say, you’re always looking for interesting contestants on ‘Jeopardy’ aren’t you? I’ve got a great little guy for you. Sharp dresser, speaks in a clipped British accent. And Alex, be sure to ask him about the market and your Microsoft stock. He knows all about the market. Lee Kramer