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To: Earlie who wrote (241479)5/19/2003 4:08:12 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Cramer's radio show came on...and he promises "nothing but the straight dope!" For once, he and I agree on something!<G> Today's show should be fun, we'll get a good read on monkey sentiment....

HO HO HO! He's still bullish!

1) Sez things are better than most people think...
2) That Q2 earnings will be "better than expected"
3) He'd rather own 3% yielding stocks than 10 year bonds (doesn't consider any other alternatives).
4) Likes NG stocks...
5) Expects (demands?) dividend relief
6) Sez "he expected us to be down this week"...
7) Likes retail!<GGG> Mentions LOWE's specifically
8) Likes drugs....PFE, JNJ specifically
9) "Who's saying it's over?"<G> States he thinks all the bad mouthing is coming from hedgies who are underperforming...ie, talking their own book (he's certainly the expert on that...)
10) States there's "not much left to buy in RE" (may be right on that)....
11) Other than a "few stocks" he "doesn't really like the bear case"<Duh>
12) Compares today's actions to 1987 in that both "crashes" were related to Treasury secretary remarks! ROTFLMAO!
13) Sez sell the following: FITB, BJ's Wholesalers, Cardinal Health Reuters DGX.
14) Likes DRUGS, RETAILERS and Banks, but sez he's not ready to buy YET?!

Overall, nice aura of complacency coming from the "King of the Apes"....