Rain or Shine, the Tech Horsemen Keep Going

The four horsemen of the apocalypse may not be in a recovery mood, but the three-and-a-half horsemen of tech wont quit: Research In Motion (RIMM - commentary - Cramer's Take), Apple (AAPL - commentary - Cramer's Take), Google (GOOG - commentary - Cramer's Take) and Amazon (AMZN - commentary - Cramer's Take) (which is the half, because I don't like it up here.)

Get used to this pattern. The funds that are underinvested in the obvious names put money to work when they can, when the futures allow them to. These stories are the transcendent stories, and dare I mention they remind me of Qualcomm (QCOM - commentary - Cramer's Take) in the fourth quarter of 1999, when the three- and four-times price targets got tossed about with ease.

I can understand, again, the galling nature of Google. I have been made fun of mercilessly for championing this stock all the way up -- the poster boy of Google recklessness. I keep coming back and asking myself, aren't the people who said to sell it at $200-$500 the reckless ones? Why don't they take the heat that I do?

Anyway, those are all weak-dollar winners and momentum winners. They lead us each time.

Of course, the oil-service stocks are rocking again -- they fit. And the Colgate (CL - commentary - Cramer's Take)-Clorox (CLX - commentary - Cramer's Take) complex rocks. But it is the three-and-a-half tech horsemen that are leading and will continue to lead on these futures-led down days.

They are doing it again.

Random musings: To say I am not disappointed by Nastech Pharmaceutical (NSTK - commentary - Cramer's Take) is to say I am an idiot. Or to say that I liked Nastech is to say I am an idiot. Either way, not good. I keyed on the Procter & Gamble (PG - commentary - Cramer's Take) product that was rejected by PG as well as a couple of other products. I have never made a dime selling into a panic. But this is just plain bad.

At the time of publication, Cramer had no positions in stocks mentioned.

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