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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: 4rthofjuly007 who wrote (46941)4/4/2002 1:38:35 PM
From: Softechie  Read Replies (2) | Respond to of 99280
 
Trade Along With a Pro
By James J. Cramer
04/04/2002 12:58

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It isn't easy to manage money, especially in the market we're in now. The whole time I ran money for a living, people would ask me, "Could you just tell me what you are buying and selling while you are doing it?" Considering that I compounded at 24% after all fees for 14 years, I can't blame people for wanting to look over my shoulder. But that wouldn't have been proper cricket. People were paying me millions of dollars to run their money and they didn't want me giving away my best ideas to those who weren't paying the freight.

At the end of 2000, though, I resolved that I would not run other people's money. I just wanted to run my own. That left me free to tell others what I was doing, without worrying that I was giving away the store to people who weren't partners in my hedge fund. I no longer cared if you looked over my shoulder, or even got a peek into my mind, for that matter, as I made my decisions. In fact, I no longer cared if you bought or sold the stocks that I was about to purchase or sell before I did it.

That's why we created Action Alerts PLUS , a system for emailing you when I am about to make a trade -- letting you in on it before I pull the trigger. I have crafted a portfolio of about 30 stocks and anytime I touch one of them or select a new stock, you know before I act on it. I send you a concise email bulletin before I take action telling you exactly what I am doing, the number of shares I am buying or selling and why I am doing it. You get the heads up faster than in real time!

And I love it. I love communicating the reasons behind my actions. I love explaining the process and giving you my views on the market. I want you to know why I'm trimming my Microsoft MSFT holdings, why I'm buying more Viacom VIA.B , why I added Baxter BAX and what I'm going to do next with my Comcast CMCSK shares.

But that's not all you get with Action Alerts PLUS . Each weekend I give you a full review of each stock in the portfolio including buy and sell points for new money and which stocks I currently like the most -- and which ones I am most worried about. I approach the buying and selling of a couple of hundred shares with the same rigor I used to buy and sell millions of shares at my old job, when I ran hundreds of millions of dollars for the wealthy.

Who can benefit the most from Action Alerts PLUS? If you manage your money yourself, or you want to keep your broker honest and on the ball, this very special product is for you. There's no mincing, no forked tongue, no broker-ese. I am either buying or selling, period.

Give it a try. It is one of the most popular services we have at TheStreet.com and we are proud to bring it to you. After all, didn't you always want to peer over the shoulder of someone who has made millions in the stock market?

I know I did. I just wish someone would have let me do so a long time ago.

I am giving you that chance now. Take it.