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RealMoney.com: Jim Cramer Blog
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It Might Be Time to Jump Aboard

By Jim Cramer
RealMoney Columnist

11/14/2008 2:52 PM EST
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I know, it is the strangest pattern, kind of like a hidden hand. It's when you see Exxon (XOM - commentary - Cramer's Take) rallying and rallying hard while oil is down.

Exxon is the stock that can be moved up like a small-cap. So can Chevron (CVX - commentary - Cramer's Take).

None of these rallies has started without these first taking off, especially when the oil futures are going down.

Often they are the only oil stocks going up when the whole rest of the group is rolling over.

Today's no different.

It's why I was able to detect that the market was done going down and would now turn and run.

When you consider that many people are saying that the redemptions end today, you can bet that there will be people anticipating that end of selling and get on the boat Monday.

So why not get on the boat today?

That's the way it's been.

I don't expect it to be different today.

At the time of publication, Cramer was long Chevron. Know What You Own: Other stocks related to this column are BP (BP - commentary - Cramer's Take) , ConocoPhillips (COP - commentary - Cramer's Take) , Royal Dutch Shell (RDSA - commentary - Cramer's Take) , PetroChina (PTR - commentary - Cramer's Take) and Total SA (TOT - commentary - Cramer's Take) .






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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.

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