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To: MythMan who wrote (245545)6/13/2003 12:01:48 PM
From: SeaViewer  Respond to of 436258
 
What happened to crude oil today? Down big time.



To: MythMan who wrote (245545)6/13/2003 12:37:25 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
arrogance factor fairly high...

So We're Down? That's Perfect

By James J. Cramer
06/13/2003 11:52 AM EDT
Click here for more stories by James J. Cramer

Market getting clocked. Perfect. Just what should happen. Once again, we are watching a market doing exactly what it should do at this point after a big run: digest.
I know that when I took money off the table, I was betting that we could catch some digestion and it wouldn't be pretty. Down 100 is not pretty. But it's right after the run we just had.

What do you do? I like to pick at the stuff that is down and sell a little of the stuff that hasn't come in. I like to rotate to the cheap from the expensive.


If you aren't playing it this way, I think you are making less money than you should in this upturn. Look your portfolio over. If you are sitting on big gains, take a little off the table and pick at stocks that are coming down that have good fundamentals.

Simple, clean and profitable.

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