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

To: Carmine Cammarosano who wrote (782)	10/15/1998 1:58:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 1254

I think I might share the opposite view as you. I think that maybe Cramer is getting back in at the wrong time, and should have stuck to his 1000 point strategy. Anyway I have been using him as a contrarian indicator lately, so I'm glad he is bullish again and scooping up tech stocks. I don't know why he couldn't wait till the S&P broke 1055-1060 resistance or for the Dow to crack 8150. Maybe wait till DELL and C$CO started acting a little better. Perhaps a breakout on INTC. His CPQ acts really sick. I see a trading range at best, and my guess is we are going to revisit the bottom part of that range in the not so distant future. Then we we will have to see if it holds one more time. I don't think it will hold, but it's too early to tell.

To: Carmine Cammarosano who wrote (782)	10/15/1998 5:04:00 PM
From: Michael Elizabeth Chastain	Read Replies (1) \| Respond to of 1254

Well, I guess it's over now. DJIA 300, TG 0. The TG has an out -- Cramer did say "unless a surprise Fed easing." And we really do not get those very often. To me, the lesson is: no one is right all the time. No one. I hope he writes a retrospective column about this call this weekend. It would be more graceful to wrap it up himself than to let a lot of Cramer-bashers, here and elsewhere, mix it into a melange of true and false criticism. "how much money did he lose the years after 1987", feh!