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RealMoney.com: Jim Cramer Blog
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Sold Out for the Fall? Pay Up to Get Back In

By Jim Cramer
RealMoney.com Columnist

11/20/2006 12:36 PM EST
Click here for more stories by Jim Cramer
 

It never let you in. Not even after the election of the Democrats. That's something I just can't recall seeing since 2000. The market just didn't give you an opening.



I believe the most daunting part of this market for professionals is that usually you get moments where the whole market is put on sale and you can buy what you want at a discount, if you are nimble and have a shopping list.

It didn't happen this time. The market didn't come in. September is supposed to be such a bad month, but the market was terrific. October always has its share of terrible moments, but not this year.

Usually November has some true scares, but this year, so far it hasn't, and now we are in the benign portion of the month; this is always a nice quiet-to-up week.

It's because of the astounding lack of selloffs that I believe so few people believe in the market. Yes, I am a tad counterintuitive here, but this has to be one of the most "missed" rallies simply because you couldn't come back in if you left, and September and October are big months for people to avoid.

Now we're almost through with the year, and I can tell you that unless we get a totally exogenous event, we're going to see many more days like this one, that start bad but then the money comes pouring in again -- mutual fund Monday writ large.

It didn't let you in. You have to pay up. There could be worse things to do.






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Jim Cramer is a director and co-founder 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. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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