I have been an ardent supporter of yours and I haven't written a negative message ever. Until now. Following your advice on March 11, I sold half of my (JAVLX) Janus Twenty, at the low of the year. Today you change your tune and say hold on, it's too late to sell.

Oh boy, I hate to get these letters. When you change your view, someone -- the last guy to take action -- always thinks you are betraying him. On March 11

I wrote that I wanted you to sell some mutual funds before the losses got to be too great. I included Janus Twenty. The fund's net asset value hit $41.79 on March 12, the day you could take action on that column.

Last Friday the net asset value hit $42.21. Over the weekend I said it was too late to sell tech, although not too late to sell these funds, but that I thought the funds would bounce and you could get better prices. This aggrieved reader has a point. If I hated Janus at $41.79, what was I doing telling people to like it at $42.21?

The problem, of course, is that I don't like the Janus Twenty. I think you should sell it. But I don't think it won't go up and down and up and down and ultimately down. Timing is impossible for these things. No matter what I do, I cannot satisfy all. I don't think this reader made a mistake; there are much better places to be than Janus Twenty.

More important, I, like all strategists, live by certain benchmarks. I made my comments over this last weekend not because Janus Twenty was at $42.21 but because I said I thought the

Nazz

would go to the 1860s, and, when it got there, I couldn't get more negative.

Or, to give you the total schematic of my mind, let's say I came out on Monday and said, "I think the Nazz is now headed to 1500." That would be

intellectually dishonest. I arrived at my price target in the quiet of my home and office and broadcast it just about everywhere. Anybody who bought when we hit the price target could then write to me today, "You son of a !@#@$!, you said it was going to 1860, so when it got there, I bought stocks -- and now you are telling me it is going lower?"

Hey, can't win. So what am I supposed to do? I have a simple solution. I do my best. I try to be as rigorous and as honest as possible. I work as hard as I can. And I try to give it my all.

Beyond that, there is not much more I can do. I apologize to all of those who have used me to lose money and I am a grateful to all of those who have used me to make money. I am confident that people will still read me if there are more of the latter than the former. If there are more of the former than the latter, fewer people will read me.

Enough said.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column to

jjcletters@thestreet.com.