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To: Michael Young who wrote (39371)9/29/1998 10:05:00 PM
From: Lee Lichterman III  Respond to of 53903
 
If his performance is that good, then he must post the exact opposite of what he is doing since I have been using him as a contrarian indicator for a long time and he has made me many more winning trades than losers by my doing the exact opposite of whatever he says.

After reading that article, I guess I'll have to go out and buy more puts tomorrow even though I already have so many I am running out of room. <g>

EDIT - Also I might mention that if demand is so good for DRAM, that the parking lot of MU tonight was only half full. Last year you couldn't find a spot to visit the plant. Now I never have that problem.



To: Michael Young who wrote (39371)9/29/1998 10:18:00 PM
From: phbolton  Respond to of 53903
 
Actually it was a piece by Cramer that contained the original errors. Thats back when he thought "Kurlak is the best there is".



To: Michael Young who wrote (39371)9/30/1998 1:52:00 AM
From: wily  Read Replies (3) | Respond to of 53903
 
re: Cramer

What is his performance, anyway? I get a kick out of the thing, and some insight into how the big boys play. For instance he said in a recent column that sell programs turn off at 3:30 (I don't remember the reason), so on sell program days you will see the blocks dry up in the last half hour and probably a rising market.

He's also crazy. he flipped and flopped about six times during the correction and rebound. (And who didn't?, but big money is supposed to be a little more steady).

wily