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When we have fundamentals rock expiration, you can get real havoc, which is what we have today. If you tack on the too-many-bulls signal -- Investors Intelligence flashed us 57%, always dangerous, and you still haven't worked off the overbought nature -- you get the ugliness that we are seeing. I like the fact, though, that my email box is flooded with people screaming at me for "incinerating" them in Intel (INTC - commentary - Cramer's Take) or burning them in worthless Internet stocks. I guess they forgot I told people I didn't like Intel (look it up using my scoreboard) and haven't beaten the drum for Google (GOOG - commentary - Cramer's Take) in 50 points. How dare I.
I say, this is a day you have to let the programs rock the market. You may even have to let them rock the opening on Monday. And then you can buy the companies that reported better than expected earnings, which, alas, comes down to Schlumberger (SLB - commentary - Cramer's Take) and its cohort, which is -- angry readers take note -- the only place I said to be anyway before the selloff got nasty.
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