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

To: Carmine Cammarosano who wrote (775)	10/14/1998 2:53:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 1254

That's too bad, because I think he will be wrong. He better flip those tech stocks for a trade.

To: Carmine Cammarosano who wrote (775)	10/15/1998 9:57:00 AM
From: Michael Elizabeth Chastain	Read Replies (1) \| Respond to of 1254

In order ... Right now Cramer wants to own sound financials. He disdains macro terms like "bullish" and "bearish". He's always looking at individual stocks and industries. You better believe he changes his mind fast. The market changes every moment and he's trying to keep up. That's the nature of the game. If you want to play the short-term trading game, you better change your mind several times a day, too. Cramer is not here to say "buy this, sell that, make a fortune". He tells us what he sees and (sometimes) what he's doing in his corner of the world. Make of that whatever you will. And so far, that 1000-point "get out" call looks wrong. Big hairy deal. This game is about being right as much as you can, not being right all the time. Do you bitch about Mark McGwire every time he strikes out? "Look! That guy can't be the home run king! That wasn't a home run! That was a strike out!" Also, October isn't over yet. I'm still heeding that warning and looking for some good shorts. Be careful out there.