That's why I think that those who are still buying the hottest ones (I like the cold ones like Weatherford International (WFT - commentary - Trade Now) that are immunized by their lack of performance) may find themselves up a creek without a paddle.

My advice? Wait and see what this Gould says. The analysts will all take their cue from him, not the futures, and it could lead to some amazing volatility, especially given that Schlumberger seems to have hit a wall here as market people square positions and pull in horns ahead of the report.

Random musings: You know I have been saying that we are going to see more arrests in the Galleon case. That will remain a pall on this market, and tech in particular, until we see the arrests and indictments, because as we see from Galleon, no hedge fund can sustain an indictment of its chief investor.

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

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