Cramer's Worst Moves in '96

As a fund manager paid once a year, the end of my pay period is always bittersweet. If you've had a decent year, one where you kept pace or beat the averages, you are loath to set the earnings clock back to zero and lose that beautiful return that greets you on your margin run each morning.

But it's nice to get paid.

At Cramer & Company this year's conclusion is particularly conflicted. I spent much of this year not only behind the averages but also behind almost everybody. But like the old Montana-led 49ers, I rallied in the fourth for what felt like a classic come-from-behind victory. ...