Pessimistic Optimist

Cramer's Mad Money - Mutual Fund Monday (5/4/09)

Drini.. lots of doom and gloom. If the markets goes bust you hit it on the head, if not.. well... you lost more. As these stocks climb I protect with tighter stops. To not play this as a trader's market is just crazy. Over 35% in 1/3 of my portfolio and still going? You kidding me? I am still trailing up. If the mutuals are coming to play.. when will the bubble pop? It could go another 20-30%. Still doesn't match my downside but as I see it, taking profit and then coming back in after a 15 to 20% retracement will at least close the gap. I believe we have at least 5% more upside then will consider easing out. Not gonna be a hog. I would like to see it spread through-out the week as opposed to hitting in one day..like by Friday.. I will most likely be out the door or my stops will hit and I will be out sooner.