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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (251766)	7/23/2003 5:04:22 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

Creamer is still a stoopit cheerleader -- so what if they can squeeze shares like CYMI -- doesn't mean that the squeeze is predictive of a turnaround.

To: MythMan who wrote (251766)	7/23/2003 7:32:46 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

Keep Wishing, Bears By James J. Cramer 07/23/2003 03:43 PM EDT Click here for more stories by James J. Cramer Market Analysis Bears want investors to sell. But right now, rationality has only a loose grip. Of course, the bears are not focused on the dividend plays. They are eternally hoping that people will see the light and sell Cymer (CYMI:Nasdaq - news - commentary - research - analysis). They are constantly betting that the buyers of eBay (EBAY:Nasdaq - news - commentary - research - analysis) will come to their senses. They are shorting Ask Jeeves (ASKJ:Nasdaq - news - commentary - research - analysis) because, heck, how stupid could you be to buy that stock? They can't understand why someone, anyone, would take Juniper (JNPR:Nasdaq - news - commentary - research - analysis) this high. They want to get into the heads of the buyers of Harley-Davidson (HDI:NYSE - news - commentary - research - analysis) so they can plant anti-personnel mines between their ears. They are silently praying that someone, anyone, on the traditional buy side will care for a moment that Take-Two Interactive (TTWO:Nasdaq - news - commentary - research - analysis) doesn't do the kind of accounting they -- or the government for that matter -- seems to want. They are forever hopeful of sanity and rationality. Nope, not going to happen. Not right now. You see, the "forces at work" have the bulls' backs right now. To me, this is one of those cyclical things. Back in my hedge fund days, I used to say "Up mode, Matt, forget about it," when Matt "Sell Viant" Jacobs would come to me with shorts in 1999. I was being Biblical; "turn, turn, turn." Look, the bears' time will come again. Keep those ideas handy. But don't get into the "Take-Two doesn't deserve to sell here" stuff. Stocks sell where the buyers are. And right now there are plenty of buyers. Or, as the wife, the former Trading Goddess, says, "More buyers than sellers."