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I don't believe people realize how important being up in November is for this market. It puts so much pressure on big funds not to sell. That's huge. The "keep it in the market" pressure will only increase week by week because you will be expected to be up at least 22%, and you simply cannot be up that much if you have been scaling back. I am not talking about an equity shortage. I am talking about the possibility of something I saw in the 1990s, which is the desire of everyone who is in the hedge fund business not to take on more risk but to take on more exposure. The weak dollar makes the call an easy one: Caterpillar (CAT - commentary - Trade Now), McDonald's (MCD - commentary - Trade Now), American Express (AXP - commentary - Trade Now), Visa (V - commentary - Trade Now), MasterCard (MA - commentary - Trade Now), Apple (AAPL - commentary - Trade Now), Qualcomm (QCOM - commentary - Trade Now), Intel (INTC - commentary - Trade Now), Microsoft (MSFT - commentary - Trade Now), United Tech (UTX - commentary - Trade Now), 3M (MMM - commentary - Trade Now), Merck (MRK - commentary - Trade Now), Bristol-Myers (BMY - commentary - Trade Now), Procter (PG - commentary - Trade Now) and Colgate (CL - commentary - Trade Now). The tougher calls will be retail and banks. Not sure where they fit in. It has been so easy to slag the banks, because the analyst who is perceived to have the ax is Meredith Whitney, and she plays this market like a fiddle. But I do want to point out that people will want to circle back to this group simply because it hasn't moved as much as others, and that matters. Random musings: My bad, the so-so case against Sanofi-Aventis (SNV - commentary - Trade Now) is from Bernstein, not Bear, which ceased to exist a long time ago! ... I think that the move in Whirlpool (WHR - commentary - Trade Now), which also has Brazil, is remarkable... At the time of publication, Cramer was long Bristol Myers, Procter & Gamble and Visa. Special note from Jim: You can learn my time-tested ways to trade smart, even in this market. All my latest thinking is in my brand new book, Getting Back to Even, which I'll send to you as part of a special promotion when you sign up for my Action Alerts PLUS service for a limited time. So if you sign up now, you'll get to see how I'm playing these stocks in my portfolio today, plus, I'll teach you how you can play these stocks to help your portfolio get back to even.
Jim Cramer is co-founder and chairman 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. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here. TheStreet.com has a revenue-sharing relationship with Amazon.com under which it receives a portion of the revenue from Amazon.com purchases by customers directed there from TheStreet.com. Brokerage Partners
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