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Re: In defense of Cramer



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I have been following the ranting and raving Cramer for a number of years.&nbsp;
As long as you can put up with his shouting and shiney forehead (as someone
here quipped nicely!) he has some very good things to say.&nbsp; Yes, he
can sometimes go off at a tangent but he really does have some wisdom to
offer.&nbsp; In a business such speculation I just do not understand 'traders'
who can put down other traders at the drop-of-a-hat.

<P>In defense of Cramer?..... I for one, 2nd the motion.

<P>E.

<P>Proeber, Tim wrote:
<BLOCKQUOTE TYPE=CITE>&nbsp;

<P><FONT SIZE=-1>I think that Cramer is generally right about technicians.&nbsp;
Cramer has consistently beat the S&amp;P for the last 10 years -- usually
by double digits -- this with several hundred million under management.</FONT>

<P><FONT SIZE=-1>He wants to have more TA on TheStreet.Com because that
is what alot of his customers want.&nbsp; You must or may admit that alot
of TA is 20-20 hindsight nonsense.&nbsp; At one point, he was the largest
individual options trader on Wallstreet.&nbsp; How many RTs trade more
successfully than he does?</FONT>

<P><FONT SIZE=-1>One thing that Cramer does that few TA "experts" or any
$ manager does, is admit and chronicle his mistakes.</FONT>

<P><FONT SIZE=-1>I get much more from TheStreet.Com in one week that I
have from RT in the last 6 months.&nbsp; It is not a put down of RT --
just the truth.</FONT>

<P><FONT SIZE=-1>Tim Proeber</FONT>
<BR><FONT SIZE=-1>tproeber@xxxxxxxxxx</FONT></BLOCKQUOTE>
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</x-html>From ???@??? Wed Jul 29 13:25:04 1998
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Date: Wed, 29 Jul 1998 10:51:51 -0700
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From: Renate Muldowney <mailbox@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: What is a stock market predictor that works?
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Rt'ers

Please add to this list

This is not a request for your trading technique but a request for some info.

Rational or irrational reasons why the market may go down from here or
anywhere so far include:

1) The AFL/NFL winning.

2) Ruckheiser's elves are nearly all bullish or bearish.

3) S&P valued at over what they would need to earn in the next 20 years or
less than 5 years earnings.

4) Saturn in charge means down....??? means up

5) More money moving in from 401k's

6) The Bonds making a major move,

Thanks 
Renate