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To: Shack who wrote (123763)9/8/2005 1:26:47 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Shack, I really don't care about this guy this way or the other. But I'd say that during the bubble it was the right think to be mad bullish. I also remember reading Cramer's article - I think in the New Yorker - about the massive shorting they were doing on a daily basis in his hedge fund during the decline.

I agree that someone like Cramer can be dangerous. But those who still haven't figured out by now that his stuff cannot be taken literally should not be in the markets. Such people will anyway - with or without him - find a way to get destroyed.

The problem with guys like Cramer is that they have the capability to passionately buy their own bullshit, and pound the table -- and then they are able just to drop it cold... like they never said anything on the subject... or even to turn around with just as much conviction. Most people can't deal with that. And generally such an ability is probably not... what can be called normal.



To: Shack who wrote (123763)9/8/2005 12:38:54 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
COST seems to be trying to build a wiggle wedge. Will give it another quarter or so - but if there is no action, will bail... at less then my cost... -g.