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


To: Impristine who wrote (1210)4/20/1999 4:10:00 PM
From: ThomasJeferson  Read Replies (1) | Respond to of 1254
 
I'm still waiting for my summons threatened back on posting
no. 972.



To: Impristine who wrote (1210)4/28/1999 3:57:00 PM
From: ThomasJeferson  Read Replies (1) | Respond to of 1254
 
Last Sunday's (4/24/99) syndicated column sounded like a bunch of excuses. The trading goddess had decided to stay at home and change diapers. She was much better at reading the tape than Cramer. Sometime last year, the continued strength of the S&P 500 convinced him that his style was out of sync with the current market. He decided to dump his small stocks, but he market didn't appreciate them. If he wanted to talk them up, there were only about 25,000 subscribers to TheStreet.com to pitch to. Cramer's fund turned in a performance of about 2% for the year, while nearly everyone else was doing 10-20%. This must have been a painful and humbling experience for someone who keeps track of his fund's performance to 10 significant figures in his head (according to GQ. But how important is the 10th figure when you're only in the low single digits?) Sounds like a tough year. Is it any surprise that his former partners aren't talking to him?