Cramer says "Back up the Truck!"
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Posted by Kirk Lindstrom Dec 1, 2006 |
= > > for 2006, my Newsletter Portfolio" is up 12.8% YTD< < =
Jim was just on CNBC saying this sell-off may be from hedge fund investors who were not happy with crappy performance so they sold... and their money will come back into the market when they get their redemptions... I wonder if he is speaking from experience since he's probably under performing money markets this year with the pull-back this week.
For the record:
- DJIA =12,108.01 -113.92 2:55pm
- NASDAQ=2,397.42 -34.35 2:55pm
- S&P500 = 1,388.30 -12.33 2:55pm
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As of 11/30/06 the Total Return for "Kirk's Newsletter Explore Portfolio" since 12/31/98 is Up 231% while the S&P500 only up 26% & NASDAQ up 9% & Warren Buffett's Berkshire Hathaway up 53%!!!
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DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.