Ao minuto: Petróleo atenua escalada com mercados à espera de resposta do Irão

[Ulisses Pereira]

"Best Times Are Still Ahead -- a Ways Ahead"

By James J. Cramer
04/16/2003 08:23 AM EDT



"Don't let the exuberance get in the way of making profits. Nothing has changed. When they take the QQQs up to where they can go -- locked-up limit, so to speak -- you have to make sales even if you don't want to.

Not to be too doctrinaire, but every single "locked up" opening, even one right before expiration, must be sold. These kinds of openings are relics of a bygone era.


You'll get a better opportunity to get in. And if you don't, you won't make any money anyway.

Throughout this rally, I've felt that the best times are still ahead. I am not changing my view. I'm just saying that the sickening rise in the futures, and the concomitant increase in the Nazz's usual suspects, will lead to nothing good in the short term other than profit-taking.

Intel was indeed better. So was Texas Instruments. Maybe things excluding telco spending are really improving. That would be terrific.

But every time we get carried away at the opening, it gets ugly. Tell me why it should be different this time. "

(in www.realmoney.com)