test post.

Last edited on: 08-01-2007 12:30 am

Dio (Ronny James???) - That would be music to my ears. I'm looking for REAL bargains.
But I gotta trade the tape. Discipline trumps conviction.

dio: what's your reasoning on your statement?

Horrible advice by Cramer, the market is heading down for at least a few more months

Some say "The market breathes." We ran straight up for 3 years with just a single hiccup,
and some panting at the end. Now we exhale.

Cramer is right more than he's wrong. More important than the picks, though are the Rules
and Commandments. That is where you make your money, because discipline trumps
conviction.

Last edited on: 07-29-2007 11:16 pm

Stoker, I have made some money on Cramer picks....I usually only buy if Cramer and Zacks
have it ranked as a buy buy buy....and, I have to like the story and the PEG(all fundies)
but RIO, FCX,T, CROCS, NOV, MCD, RS all came from Cramer first for me. DNA and JNJ were
misses(but I got out and cut losses) Overall, I think he is right more than wrong....but I
don't ever blame him. I am the one buying. Anyway, I listen for education about market
overall and ideas...just a starting point. He is not perfect by any means, but he appears
to be as honest as they come, and maybe I am naive, but I really think he is motivated to
help people and educate the average investor....change the world a bit, if you will.

Stoker -- interesting point.

The market does move in waves. There are those who subscribe to the Elliot Wave Theory on
this. Sometimes, there are waves within waves.

All I know know is that odds favor a little more down then a bounce. And usually, the
markets re-test those lows.

Now whether it falls below the previous lows on the re-test or forms a double bottom is
anyone's guess. I want to see how the $SPX behaves at that point.

Stoker - There is no one answer to that question. Unless it's this... No. If i make money,
I made the money. If i lost money, I lost the money. Nobody else figures into the
equation. Anything else would just distract me. - s

Another history lesson... Like anybody wants to hear it..hehe.. Historically, every market
trend has 3 legs. We had our 3 legs up and may have our first leg down, or we may just we
working on the first....I dunno...

I may be more cynical than Sarah.
Abolishing the up-tick shorting rule may have a more ominus meaning than you think.