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


To: pezz who wrote (47)6/1/1998 4:27:00 AM
From: craig crawford  Respond to of 1254
 
<< Craig,I will accept your challenge.But keep in mind we are talking major predictions here nothing ticky tacky. >>

Of course I will stick to major predictions that came true. I'm not talking about the time he shorted bond futures at 118 and covered a few points later or anything like that. I will stick to things that he has been right about to a serious degree and for an extended period of time. Such as his call of the top and recommendation to short S. Korea while it was making new highs a few years back. That was about 60-70% ago. I'm talking about recommendations like shorting Hong Kong several thousand points ago, and then adding to his position a few thousand points ago. I'm talking about his bullishness on Austria mentioned in Barron's before it moved up 125% that year. It went up 400-500% in 3 years and Jimmy sold out and told people it was time to get out, not long before it took a big drop. Things like that.

<< Quite frankly I don't remember him being right about anything >>

Perhaps because you don't like him so you tune him out?

<< 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? >>

I don't clasify Mr. Rogers a stock market bear.

<< The same could be said for his call on the dollar, >>

Enlighten us, what was his stance on the dollar and when was it?

<< He has been calling for the dollar to decline for all the time he has been on CNBC >>

No he hasn't. I can produce references where he has been bullish on the US bond market and the dollar.

Anyway I need a number. It was too arduous to try to derive a number from your post. Are you saying he has been wrong on bonds, rates, inflation, and stocks for a total of 4 things? I need an exact number with examples cited so I can double it.



To: pezz who wrote (47)6/1/1998 12:32:00 PM
From: Thomas M.  Respond to of 1254
 
Jim Rogers had a huge, leveraged, long position in bonds during the awesome rally in 1995. I don't know which bond charts you are studying, but during a time when everything has been in their favor, T-Bonds are at the same yield as they were in 1993.

In this year's Barron's Roundtable, they finally began to post the returns of each panelists picks and pans from the previous year. Jim Rogers smoked the rest of the panel like a cheap cigar. He was up nearly 100%. He does not get out the pom-poms and lead cheers for this huge asset bubble. That does not mean he is losing money on his investments.

Tom