To: Moominoid who wrote (67715 ) 8/17/2005 5:48:41 PM From: shades Read Replies (1) | Respond to of 74559 Thanks for your support MOO - heheGetting defensive doesn't necessarily mean going to cash, noted Cramer. One can find stocks that make money in a slower-growing environment such as Google (GOOG:Nasdaq - commentary - research), Yahoo! (YHOO:Nasdaq - commentary - research), Altria (MO:NYSE - commentary - research) and Procter & Gamble (PG:NYSE - commentary - research). Now I must rethink my long term core holding buy and hold strategy - cramer doing what I did, I must be wrong - HAHA.flagship4.vanguard.com I did buy some wallops of VDC friday. Rank Holding 1 Altria Group, Inc. 2 The Procter & Gamble Co. 3 Wal-Mart Stores, Inc. 4 The Coca-Cola Co. 5 PepsiCo, Inc. 6 Gillette Co. 7 Walgreen Co. 8 Anheuser-Busch Cos., Inc. 9 Kimberly-Clark Corp. 10 Colgate-Palmolive Co. Ten largest holdings = 61.9% of total net assets Another caller wanted to know if Cramer used technical analysis such as Bollinger Bands or moving averages. Cramer said he used technical analysis when he was at his hedge fund for entry and exit points when trading. But, since he can't trade now, he has less use for the charts. What he does now when a stock goes lower is buy more, which is antithetical to technical analysis. Wow, Phil Grandie came down hard on cramers lack of TA today philsgang.com He said the charts clearly show cramer would have seen to short dicks, anf, and deere if he had used TA. He said cramers WB call was the only one he used TA for - hehe. Phil often says idiots that use fundamentals or AVERAGE DOWN like cramer is saying - would have done very poorly with all this 300 dollar internet high flyers a few years ago that are now 10-15 bucks or less - hehe - average down - HAHA! GOOG, you and the general knows it is going down, I won't argue that, but WHEN are the big 100 million dollar boys and pension funds going to bail - that is all you need to predict. finance.yahoo.com - should you have averaged down?What would you do with an inheritance of $150,000? Cramer said he would take $100,000 and invest conservatively. The rest he would put into a self-managed portfolio of individual stocks if one had the time to monitor the portfolio and the inclination to take care of it. One needs to allow about one hour per week per position and needs to know how to read company reports. Doesn't sound so bad to me, I would recommend vangaurd for the 100K - they have some good etf's - then do like slagle and others here - diversify across some dividend paying stocks and keep up with the ta - make it fun. Notice IIF talked about by julis wong long time back, CNBC pump it today and it pop - that CNBC effect - you can't beat it - hehe.