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Pastimes : James Cramer Skeptic Thread -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (46)	5/31/1998 2:43:00 PM
From: pezz	Read Replies (2) \| Respond to of 1254

Craig,I will accept your challenge.But keep in mind we are talking major predictions here nothing ticky tacky. Quite frankly I don't remember him being right about anything.When he is wrong it's in a very major way. How do we count being a stk. mkt. bear for all the time he has been on CNBC just 1 blunder or one for every year? The same could be said for his call on the dollar, and please we all know the story of the stopped clock so I don't want to hear he about calls that he made 2 yrs in advance was wrong for 2yrs then right for a few weeks then wrong again.This is what he did awhile back the only time I can recall him being even close to being right about anything When he called an unwinding of a currency play visa vi the US and Japan on interest rate differences in their respective bond markets.By the way I'm still waiting for Japan to sell all their US bonds.He has been calling for the dollar to decline for all the time he has been on CNBC.HE has been consistently calling for higher interest rates.I am not impressed the way he plays games with his bond mkt. calls by picking the lowest point in 5 yrs then claiming that rates have done nothing since then. This assumes that this one instant was when he made his call.We all know that this was the one time that in his bond mkt.calls that the stopped clock saved him from being wrong in this mkts. 100% of the time.And the greatest blunder of all is his stance on inflation [and please don't insult yourself by taking his absurd argument that the govt. in involved in some kind of consp. here]. What else is there left for him to be right on?We have covered int.rates,bond and stk. mkts.the dollar,inflation.These ARE the issues! I want to hear you tell me that treating him as a contrary indicator wouldn't have been very very profitable.Craig we all make our share of blunders [some of mine are really ugly]. The mkts. are all about probabilates.There are too many different senareos out there for anyone to be so dam sure about their position,"in your lifetime"PLEASE if he makes statements like this on national TV he demonstrates he doesn't have any understanding of the way mkts work. pez ps I await you reply