Tuesday, July 19, 2005

 

You. Me. Let's make some money!

...but not by buying YHOO and INTC, two of Cramer's favorites, because they got creamed after the market closed tonight. As for TWX, my "Cause Cramer said so" portfolio pick, the stock missed out on today's broad market rally but is still trading slightly above the $16.20 price at which I bought it. All in all, it was a lackluster day, as my portfolio gained $2,000, underperforming the S&P 500, and especially the NASDAQ. However, given the haircuts some of the marquee tech names received after the bell, tomorrow is not shaping up to be a good day to be in the markets.

Comments:
Cramer cracks me up. A 20% gain is time to sell with him. I won't buy a company that won't return at least 100% gain in 5 yrs. It just to much work trying to constantly find stocks for trading purposes. I hate to speculate, and trying to predict growth is hard and the P/e ratio of growth co.s leaves little room for doubt.
 
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