Sell Everyone Else, Buy GS

Only Goldman (GS - commentary - Cramer's Take) got it right. That means you should forget about the other guys, even sell the other guys into strength and just buy Goldman Sachs up here. I don't care that it is up $13 and change; it isn't done. I believe Goldman can earn $30 and deserves a 10 multiple.

One look at the $230 calls that expire this week tells you that this stock has the momentum it needs to go through that level.

Goldman is short mortgage paper. It is long private-equity paper that it marked at $90 and that now trades at $100. It is taking share from everyone else.

Sell everyone else. Buy Goldman. Simple. That's what the Lloyd Blankfein speech today was and is really about.

Random musings: Never doubt the oscillator when it is this oversold.

At the time of publication, Cramer was long Goldman Sachs.

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