I don't know if it has been discussed here. But after watching HBO's Real Sports interview with Dykstra. Where are those picks coming from? I know Kramer, not a favorite in this forum,swears by his picks.
To remove first post, remove entire topic.
I don't know if it has been discussed here. But after watching HBO's Real Sports interview with Dykstra. Where are those picks coming from? I know Kramer, not a favorite in this forum,swears by his picks.
I was tailing his picks off the street.com until the credit bubble blew up on him. And he had a very sweet record in a bull market. However, given the logic of his option plays was to buy deep in the money calls of beaten down stocks (which he felt the market would eventually recognize as undervalued), it begged the question, what happens in a bear market to your strategy.In fact I even wrote him the question around July of last year. I have not seen his picks on thestreet.com, but they used to publish his record tuesdays...I know I was 13/15 in the black with them for small amounts (his goal was to make $1,000 per trade). I have occasionally wondered here how he would be doing, and I see no way that his strategy would be useful in a real bear, which we are in.
I was tailing his picks off the street.com until the credit bubble blew up on him. And he had a very sweet record in a bull market. However, given the logic of his option plays was to buy deep in the money calls of beaten down stocks (which he felt the market would eventually recognize as undervalued), it begged the question, what happens in a bear market to your strategy.In fact I even wrote him the question around July of last year. I have not seen his picks on thestreet.com, but they used to publish his record tuesdays...I know I was 13/15 in the black with them for small amounts (his goal was to make $1,000 per trade). I have occasionally wondered here how he would be doing, and I see no way that his strategy would be useful in a real bear, which we are in.