virtualdream

Cramer's Four Horsemen Back in the Saddle

Yes these charts are all going up and up but not without some major pull backs along the way ie. end of March/beginning of April (in nearly all cases). And I really don't think they can be all called among equals. Amazon and RIMM both have their up and downs but seem to be more conservative buys at this point and I think will go much higher. I think part of the problem in the stock market right now is some stocks are trading well in the 100's of dollars (and these are NOT Warren Buffet companies), for most traders this is a crap load of money to shell out on one or two stocks. How do you keep your eggs not all in one basket and diversify at these prices? I have a few (just a few) eggs in many of the high hitter baskets. When POT took a dive I move my money to APPL (a bit lower at the time) and then moved it back. And then split the difference. I wish some of these high hitters would split that would allow more investors to get in and some of us that have these to get more value for our buck. That would work for everyone. I think APPL is due for a split. Some of Jim's picks have done really well while others haven't ... but that's the nature of his business - if we were 100% clairvoyant all of the time in our picks, that would make the stock market very boring. You shouldn't put all your eggs all in one basket and you should not trust the guidance of one - diversify your guidance.

Ag Stocks Could Have Steep Pullbacks

I also think POT will go to mid to low 300's long term. I think POT had a nice 20 point pull back the last two days, as some of the big investors took profits. This is not unusual when a stock hits it's all time high and esp. prior to earning announcements. However, for POT there were no major surprises here. All the major banks here in Canada are also suggesting 250 to 300 points (TD Bank and RBC). What I would like to see right now for POT is a split of 2 or 3 to 1, I think that would bring more investors to the table that can't get in on this stock because it is trading high. One thing POT's chart shows is a steady growth stock ... I just wish I knew about this one back in 2003 or had bought BIDU (now WAY overvalued) when it was trading at $26/share.