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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (2049)1/26/2001 3:16:25 PM
From: Junkyardawg  Read Replies (1) | Respond to of 15481
 
An article by Cramer;

Cramer Wants a Pet Bear!
By James J. Cramer

1/26/01 2:15 PM ET
Sleepy Friday. No one seems to be paying much attention. But have you noticed the astonishing comeback that's been going on? If there were ever a day where the whole Nazz should have been clobbered, when things looked really so darned ugly, it should have been today.

But the bears can't put a single streak together. They can't put two back-to-back negative sessions on the scoreboard. They have become pathetic, defanged BooBoos where they were once feared grizzlies. I might get one for a pet!

I am in awe of how strong this market is. Just in awe. It is classic bull-market action and I am not afraid to shout it so all can hear.



To: Peach who wrote (2049)1/26/2001 3:28:21 PM
From: AugustWest  Read Replies (2) | Respond to of 15481
 
It is hard to be an investor under these conditions, no doubt.

But as my brothers would say, sure I can sit in fromt of a computer all day every day and just wait there with bait in hand for an opportunity, but than look at all the time I would waste.

They are correct. They invest in companies they believe in when they come into what they choose as a good entry, than go about their lives. They all have nothing less than a five year time horizon. And really don't even care about what is going on whith the market. In other words, they are telling me to get a life<G> But I also got four kids to put through college and local filling stations don't pay all that well these days. Heck, I probably would get fired at Burger King!

SO I guess if you have a talent that you can make enough money for your means than just don't even look at how things do until you need the cash.

Of course, this advise comes from them brothers who still hold csco after I suggested selling some in the 60s, just to prove they could "sell". Like a good bottle of wine. if you do not ever open it, or wait too long, you have nothin. And thems the brothers I have $1 bets with about csco and when it will ever see $80 again, and what low it will take out before it hits $65 again

Am I on a drunken rant? Sorry, I'm done for the day, week, and almost out of beer. I should be silent most of the rest of the afternoon.

Maybe I won't even post this. Na, I like to look back at my drunken babble some times. Hey, I wonder if SI will be around in ten years to look back on all these posts we have been making?

Ahhhhhhhhhh, I think I'm done<G> I'm not gonna even preview it, cuz it seems like too much to read!



To: Peach who wrote (2049)1/26/2001 3:33:29 PM
From: Rich1  Read Replies (1) | Respond to of 15481
 
I have said the same thing many times...So has my wife...<g>
I actually went to big cash position in April... But wasn't patient enough..



To: Peach who wrote (2049)1/26/2001 11:28:57 PM
From: Captain Jack  Read Replies (1) | Respond to of 15481
 
LOL! Peach,, one must trade for pizza money in this type of mkt while holding only the good stuff. AVGing down-- at what point does it make sense= NO POINT in this mkt. We all would like to go back to Mar but one needs to always listen to their mother. I'm certain your mother told you many times "what goes up must come down". Did she even once tell you "what comes down must go back up? Hell no! Must be nimble,,,