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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?

To: grok who wrote (309)	2/25/1999 10:19:00 AM
From: J. P.	Read Replies (1) \| Respond to of 766

I'm surprised also, only 2%? I also have been of the opinion that Cramer is missing a big turn in the market yet again. We've had a little rally in tech, but we're nowhere near the highs. Cramer was on CNBC this morning recomending buying PC stocks on this dip. The tech conferences are almost over, and we're entering earnings warning season. Don't know what the effect of the bond will be on asset allocations, but the next few weeks will certainly be telling.

To: grok who wrote (309)	2/25/1999 10:23:00 AM
From: W. Luther	Read Replies (1) \| Respond to of 766

I'm surprised that he scored only 2% last year. I figured that he lost badly on Oct 8...but I figured he would have gotten back in before long without too much damage. the article said that there were some large redemptions from his fund in October, so he no doubt wound up selling some positions at the bottom and didn't have as much cash as he would have liked to reinvest at that time...certainly if he followed his own advice(he essentially did call the bottom by calling for a further 1000 pt drop in the Dow on the very afternoon that the market turned upward) he was going short at the time he should have been long...also i think he had some bad luck earlier in the year when CD(a big position of his at the time) went down the tubes...at any rate I'd say his performance last year is a ringing endorsement for the John Bogle approach to investing!!