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Re: I Can't Even Begin to Beleive Cramer

theblu...@gmail.com

tina.tob...@gmail.com wrote:
>     What happened to Cramer saying "Goog is actually worth 942.00 a
> share?!" Did he forget to have the inevitable decelleration of ernings
> figured in?  What I really want to know is why after Goog goes down to
> the famous 450.00  why will it then go up again.  What catalyst will
> occur that isn't in place now after they again, beat earnings
> estimates.  Did these estimates have a slower growth figured in?

honestly, without cramer saying anything, most of the people on the
boards were saying it could go to $600-750+ - and by most, i may mean
one person (with a bunch of bobbleheads listening to him) who made 300
threads saying "omfg buy goog before earnings or you will be sorry" -
you know, like a "slingshot pulled maximally back" or a "rocket"

its funny how people look for a scapegoat when as always, hindsight is
20/20 (although before earnings, people only talked about earnings,
not
decelleration of earnings, or the future, or logic... people had
tunnelvision)

as for cramer - he says a lot of trash, but he sometimes comes up with
good ideas (not always good stocks, but gives me new ideas to build on
my own ideas) - i do think, however, that its really silly for him to
come out with a "seasonality" rule (kinda a no tech under any
circumstance rule) for tech, then flip on it a month later because of
different circumstances...

i really wish he would play smart, rather then play crazy - i really
enjoy learning new concepts (to me) or talking about certain sectors
and making insightfull theories (that options pinning article was
good) - he really does toss in a lot of garbage (and meaningless
dribble) that really hurt his credibility sometimes though....

although/also... he really really really needs to stop saying "at my
hedge fund"... its like hearing someone say "dont worry im a
professional"...