My co-blogger Jon Ogg must feel like a play-by-play announcer at a hockey game. Since last week, on January 12, 2007, he posted Cramer sticks with tech and is against oil, only to post a few days later, Cramer really hits tech as a sell, gives five names to hold. Last week held some upside for Intel Corp. (NASDAQ:INTC) according to Cramer ... not any more ... he has new information. Is this a story of Cramer vs Cramer where he plays both parts?
Following Cramer is fun and might sometimes be rewarding. He knows a lot about the stock market and has some valuable insights to share; so there is an education to be had by those who can decipher the jargon and tolerate the antics. For me, it is more entertainment; I liked his radio broadcasts much better.
I think keeping up with all his "picks" or "calls" is like standing on a whirling top trying to maintain balance and enjoy the excitement of the moment but knowing it will slow down sometime soon and you will topple over.
I disagree with Cramer about the upside in 2007. He is overly optimistic by my measure. We will have an up year but the road map will be similar to last year and we should all be buying solid companies that pay dividends.
Check out my other posts for BloggingStocks here. Be sure and read You don't have to be 007 to find the best picks for 2007!
Sheldon Liber is the CEO of a small private investment company and the vice president for design and research at an architecture & planning firm.
Google's plan for netbook PCs moves higher into the clouds
Closing Bell: Stock bulls and dollar death (DDRX,GMCR, PEET, SBUX, EBAY, CI, TECD)
So long peak oil, here comes peak uranium
