Admit It -- Good Stuff Is Happening Here

Classic -- a not-so-hot bond auction yesterday freaks people out. A "bash the dollar" comment from the Treasury secretary freaks people out.

Next thing you know, it's the end of the great mini bull market.

Then, we go home, we come to work the next day, and what do we get? We get a great seven-year Treasury auction and we get a complete clarification of the dollar comments from Tim Geithner and they are meaningless -- no change in policy.

We are in a world right now where everyone has one foot in the doorway, and the door keeps slamming on them.

You have to understand that we are in a moment where something good is happening. Tech inventories have been worked off, so semis, cell phones and hardware are rallying. Chemical inventories have been worked off, so we see a rally in Du Pont (DD - commentary - Cramer's Take) and Dow (DOW - commentary - Cramer's Take) and International Paper (IP - commentary - Cramer's Take) and the companies that ship them, the rails. We stop hearing the bank nationalization talk and the consumer discretionary panic. Look at Whirlpool (WHR - commentary - Cramer's Take) and Black & Decker (BDK - commentary - Cramer's Take). We get a bottoming out in housing.

These are good things. It is very tough to have one foot out the door and do better than the market. Right now, before the end of the quarter, you might need three feet in the door to do well.

That's saying something.

At the time of publication, Cramer was long Black & Decker.

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