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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (1206)3/8/2001 2:51:42 PM
From: Think4Yourself  Read Replies (1) | Respond to of 23153
 
I agree Cramer does pretty well on his non-energy calls. Don't know for sure why he gets so confused when it comes to energy. It's not particularly complicated from an investing standpoint. Even I can figure it out (usually)



To: energyplay who wrote (1206)3/8/2001 2:51:58 PM
From: Tommaso  Respond to of 23153
 
I was just trying to figure Cramer a little more.

Here are some charts of what, as best I can tell, he was warning people out of in December. In most cases the warning would have been more useful earlier. But he does seem to be able to jump into a trend:

quote.yahoo.com

And who knows--they give him more and more time on CNBC and he may actually influence some people. Also, there may be people like me who are wondering about using him as a moentum indicator.

In any case, it doesn't HURT to have him pumping my stocks.



To: energyplay who wrote (1206)3/8/2001 2:57:49 PM
From: kodiak_bull  Read Replies (1) | Respond to of 23153
 
IMHO, Cramer (like Fleck) is better to hear than to listen to. That is, when he's talking, which is all the time, it sounds pretty good, pretty rational. He's a story teller and we all like stories. But if you actually listened to him, and acted on his stuff, I don't think you'd like the results. Maybe the problem is you'd have to tag along with him all the time to see whether or not he made any sense. I recall him making a "you have to be long in this market, the bottom is in" in January some time when the Naz was around 2700. Not the brightest call in the world.

He's taking a RD is smart, follow these geniuses approach? Beware, caveat voyageur (not voyeur, but caveat voyeur as well) if he's looking to scramble together a list of E&P targets to weave into his next spiel.

JMHO.