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To: gbh who wrote (53205)	8/30/1998 10:08:00 PM
From: James A. Venooker	Read Replies (3) \| Respond to of 61433

Dear Gary, What is up with James Cramer? How do you value his credibility? I know CNBC does, but does that mean anything? He reminds of an old retired WWF fighter who feels he has to put on some sort of show everytime the camera hits him. I believe at one time I valued his opinion, however, of late I am cautious of what he says because I believe now that he is so huge (or thinks he is so huge) his comments may steer an investor right into a scenerio that would benefit him...mainly shorts. Which is what he seems to live and breath on. What is your take on the real nuts and bolts of his message? Is it me, or do see some hidden manipulation in it? Jamie

To: gbh who wrote (53205)	8/31/1998 1:45:00 AM
From: djane	Read Replies (3) \| Respond to of 61433

Gary, I've been a careful reader of Cramer's columns since thestreet.com opened. He is a straight shooter and generally tries to help small investors even up the info gap. But, I take issue with his 2 columns on Sunday night. Not that he may be right to compare the current situation to 1990 (although I personally disagree for various reasons). But, I read his 2 columns really as wishy-washy, cover-your-ass ones on Sunday night before the expected Monday decline so that he could gain credibility and say, "I told you so" on Monday night. If he's wrong, I wonder how he'll be able to explain away his dramatic analysis containing seemingly strong secular changes. As a trader, he will then turn on a dime and discard these arguments based on new evidence. And, he is an opportunist, not the ultimate bull. P.S. Is anyone else getting annoyed at the beating that the dip-buyers and market timers are receiving in the financial press for the past month? Talk about repressed hostility. Yes, buying every dip won't always work. But, dip buying for boomers who will retire in 15-20 years is a good strategy. If it goes down another 10-20%, buy that dip as well. It sure beats buying when everything is rosy and all the brokers are telling you to buy.