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To: StockDung who wrote (1483)5/14/2003 4:43:00 PM
From: bob wallace  Read Replies (1) | Respond to of 1822
 
well, I dont recall Cramer saying to short, what I remember is him saying he sold his bonds to take the profit and would rebuy at the time the 10 year hit 5%...

in fact I did short, and was up for a time, when bonds turned I got out with a $150 loss - didn't seem too big to me.

I don't usually find myself defending Cramer, but on this issue I think he made a good call that didn't turn out

as for Merrill Lynch, I wouldn't trust them to take out my garbage.