All you need to know: Cramer called for a melt-up

Discussion in 'Trading' started by newestmember, Nov 7, 2003.

  1. gaj

    gaj

    td - cramer doesn't use stops (he posted this, but i can't find the exact quote).

    he also has a great piece from a few years back. pertinent quotes:
    "I think you can invest better than I can. I don't think you can trade better than I can. In fact, I think I can out-trade you on most stocks, given that I get a call from every brokerage house and you don't."

    note that this was when cramer was still at the hedge fund. once he decided to run his AA portfolio (which he then 'cancelled' the first one when it was underperforming), of course, he became a genius *cough* on longer term investing.


    http://www.thestreet.com/_tscs/comm...ear/867444.html

    you can probably read between the lines on how the great trading record was achieved...pay lots o' money in commish, get a call from "every brokerage house" first...
     
    #21     Nov 17, 2003
  2. Cramer is a good trader in my book, but for kudlow to start talking like he's a professional trader on the same level as cramer sounds silly to me.

    economics and trading are two very different arena
     
    #22     Nov 17, 2003