SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (234295)4/8/2003 10:41:40 AM
From: Lucretius  Respond to of 436258
 
f*ck that.



To: MythMan who wrote (234295)4/8/2003 10:48:21 AM
From: Lucretius  Read Replies (4) | Respond to of 436258
 
creamer says relax...

It's Not Destruction, It's Profit-Taking

By James J. Cramer
04/08/2003 10:38 AM EDT
Click here for more stories by James J. Cramer

Stop freaking out. Stop worrying so much. We are not seeing the characteristics of a market about to fall apart.

We are seeing the characteristics of market that is taking profits after a big run. We are seeing a market that is digesting the news from RF Micro (RFMD:Nasdaq - news - commentary - research - analysis) and Accredo (ACDO:Nasdaq - news - commentary - research - analysis) and Microchip (MCHP:Nasdaq - news - commentary - research - analysis), which, by the way, in the aggressive growth world are incredibly important. Should they be important? I don't think so. But they sure are.


I hate to seem complacent. However, you have to understand that some sectors are just awful and will remain awful, and those who own them have to be willing to take punishment. Otherwise, though, it seems like business as usual to me: just an unimportant selloff and digestion.

Go take some Pepcid, for heaven's sake.



To: MythMan who wrote (234295)4/8/2003 11:50:59 AM
From: Knighty Tin  Respond to of 436258
 
Bought it 5 points ago. Well, two of my clients did. I wasn't bright enough to take my own advice on that one.