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To: skinowski who wrote (123728)	9/7/2005 1:56:10 PM
From: IHateSourCream	Read Replies (1) \| Respond to of 209892

OT >>People think that if he changes his tune on a dime, that means that he - in some way - has no convictions, or something along those lines. But that's not such a bad quality for a trader... g/ng<< LOL! I know you're joking around, but on a serious note, lack of conviction may not be a bad quality for a trader -- as long as that trader isn't giving advice to an adoring (and apparently very malleable) audience. Cramer will often say that his decisions are based on fundamentals. That's where I take issue with him. If he's truly using FA, then he should be sticking with his picks -- at least more than he does at present. He'll often tout a stock when it's at its high only to issue a "sell" when that same stock has already declined considerably. Or he'll despise a stock at a low price only to push that same stock after it's already made its big move. Just an example of his inconsistency: he was telling folks (maybe two weeks ago?) to sell VLO at 90 and buy back at 80. Now, he feels VLO is a buy at over 110. He's a momentum trader. Nothing wrong with that whatsoever -- he just doesn't present himself that way (IMO). And personally, I think people could lose a lot of money listening to him. Again, all just my opinion. Sorry to get off topic! <vbg> IHSC@BooYah.ugh :-)

To: skinowski who wrote (123728)	9/8/2005 12:15:25 AM
From: Shack	Read Replies (2) \| Respond to of 209892

hat means that he - in some way - has no convictions, or something along those lines. But that's not such a bad quality for a trader Maybe he has changed then. Perhaps he has indeed learned a few things and can change his tune when needed. But I remember this guy was as full of it as anybody during the bubble. Blodget was the scapegoat, but Cramer was far more proliferate and dangerous for those who listened to his bubble rhetoric. IMO I think the man's current resurgence is just as dangerous for those who listen. He's entertainment, and nothing more. I hope I'm wrong and he is more responsible with his commentary, but from what I have heard lately I fear that he is anything but.