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RealMoney.com: Jim Cramer Blog
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Prophecy From Oracle?

By Jim Cramer
RealMoney Columnist

6/23/2009 6:00 PM EDT
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If we are only as good as our last tech data point, then we have to like what Oracle's (ORCL - commentary - Trade Now) saying. Remember that the tech funk started with Research In Motion (RIMM - commentary - Trade Now), which put a crimp on just about everything as people started wondering whether the end was here for smartphones. I know that was just a really dumb judgment but so what? It prevailed.

 
It will be hard for it to prevail tomorrow, though, with Oracle beating the numbers.

All day today I searched for a catalyst that could be a reason for this market to rally.

Could Oracle be it?

If you are searching for a catalyst, as the end of the quarter markers are, you've just been given one.

It might be enough.

Random musings: Bummed that Darden (DRI - commentary - Trade Now) wasn't so hot -- ouch, that was a key component of the big recovery story... And I'm still smarting from how bad Boeing (BA - commentary - Trade Now) is and how the company, frankly, has gotten out of control because it was very clear they said they were ready for lift-off... Oh boy did Oracle hammer Salesforce.com (CRM - commentary - Trade Now) tonight -- brutal!

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


Know What You Own: Other tech stocks that may interest investors include Microsoft (MSFT - commentary - Trade Now), Google (GOOG - commentary - Trade Now) and Apple (AAPL - commentary - Trade Now). For more on the value of knowing what you own, visit TheStreet.com's Investing A-to-Z section.






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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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