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Mr.Pessimistic Optimestic,
Oct 22 12:03 pm
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All Comments by Richard Collins; Claremont, CA »Must Settle - Cramer's Stop Trading! (10/20/08) [View article]
...just two points to critique your reply:
I. You use the word "hate" too many times. And, it's not applicable here __ for me anyway. I cannot hate the man. I know he needs a job; but he should find one he's good at.
2. The vast majority of my equity holdings are in Franklin Templeton Funds, which are down of course.
I sold some over a year ago, which turned out to be a good move. I sold Harrah's (gaming) over a year ago that netted four times my investment. I'm only slightly wounded; so the sour grapes syndrome would not apply here either.
I cannot watch Cramer for more than five minutes at a time. Like I said, he trys to turn a serious subject into a side-show.
As for Boeing, it's a great company. I don't want to see it go the route of the American auto industry. The principles of that company should communicate with the employees and the union often, on how important it is to stop some of the "gimm'e, gimm'e, gimm'e" and point to the GM, Ford situation.
Good luck to you all __ the investors. Make your own decisions based on your own knowledge and the economic conditions. I do.
Richard Collins
Claremont, CA