The DJIA's Dangerous Indexing Philosophy [View article]
I compare my portfolio with the S&P 500.
Maybe that's because, when I hear the media report "the S&P is up 1.09 points for the day, closing at 1046.50", it's easy for my aging mind to calculate that the market's moved only about a 10th of a percent.
So I'll assume that I've made a little money today.
I don't own JEC (anymore), but do own McDermott International Inc (MDR) .
I also don't waste time watching Cramer anymore or even check out SA's recaps. But I understand that he has a big following and is batting better than average and has made money (bought on 11/24/08 at $33.57.
The DJIA's Dangerous Indexing Philosophy [View article]
Maybe that's because, when I hear the media report "the S&P is up 1.09 points for the day, closing at 1046.50", it's easy for my aging mind to calculate that the market's moved only about a 10th of a percent.
So I'll assume that I've made a little money today.
Nucor Forges a Different Path [View article]
What co are you with?
Cramer's Mad Money - Caterpillar the Infrastructure Survivor (1/29/09) [View article]
I don't own JEC (anymore), but do own McDermott International Inc
(MDR) .
I also don't waste time watching Cramer anymore or even check out SA's recaps. But I understand that he has a big following and is batting better than average and has made money (bought on 11/24/08 at $33.57.
Cramer needs to consistently beat the market.