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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (8800)	12/1/1998 12:41:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 42834

From Cramer off of The Street.com. It's funny and, I think, 100% correct. I love the part about "the bears jump out of their cages and do a jig!" Jeff << Wrong! Dispatches from the Front: A Bull's Time-Out By James J. Cramer 11/30/98 2:37 PM ET Here we go. The bearish rap on the tube. One day, one &%^#&^#^# day that we go down, and the bears jump out of their cages and do a jig! Give me a break. The most bullish thing that could happen is a pullback. If we didn't get one I would be convinced this whole move really was just a short squeeze. We are now paying the price of the Onsale (ONSL:Nasdaq) craze, and, heck, like teenagers getting lectured by their folks for coming home too late, we get yelled at by the market. We deserve it. We will get over it in a couple of days. A time-out, for you younger parents. My take? If you have never owned a Net stock in your life and want to take the plunge, you are going to get your chance. If you have ridden Books-A-Million (BAMM:Nasdaq) up to the 30s, it's not too late to cash out. If you have decided to make that an "investment" instead of a trade, what are you doing reading this? You should be looking at the Burpee catalogue to pick your next dynamite investment. And if the money is burning a hole in your pocket, switch pockets. You will probably get some good prices during the week. I have started two new positions today. Nothing aggressive. And I have nibbled at some highflying brokerage stocks that have pulled back. I keep hoping more bears will come out and dance the jig that the move was phony. Get some more shorts in there to help knock down stocks. And then the next move up will be seeded. >>