DOW
loading...
NASDAQ
loading...
S&P
loading...




Action Alerts PLUS
RealMoney Silver
Market Movers
Stocks Under $10
Options Alerts
Breakout Stocks
View All


Now, enjoy the good life every day!

RSSRSS FEEDS
PODPODCASTS


RealMoney.com: Jim Cramer Blog
Print This Story

Market Shows Its True Colors: Shades of Green

By Jim Cramer
RealMoney Columnist

6/12/2009 4:43 PM EDT
Click here for more stories by Jim Cramer
 
Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

Where were the dive-bombers? Where were the flying bears, the ones who came in with guns blazing to take apart the market in the last 15 minutes? What, are they afraid of a little democracy in Iran? Were they concerned about mutual fund Monday? What put the fear of shorts in their hearts that they couldn't keep the Dow down for the year? Don't they know that with the weekend papers filled with the Dow being up, joining the smokin' Nasdaq, that more money will be coming this market's way?

 
I think the market's true colors are up. I think that there's money that wants in so badly that I might not even get my opportunity with Apple (AAPL - commentary - Trade Now) at $130 and change, or my moment to buy some Honeywell (HON - commentary - Trade Now) at $34 or Nike (NKE - commentary - Trade Now) back in the low $50s.

Market's just too powerful.

Anyway, the bears made a game of it with that crummy opening, but in the end, their artificiality surfaced, and we got the true colors right into the bell and a third straight week of upside glory.

At the time of publication, Cramer was long HON.


Know What You Own: In Friday's trading, the most active stocks include Bank of America (BAC - commentary - Trade Now), the S&P Depositary Receipts (SPY - commentary - Trade Now), Citigroup (C - commentary - Trade Now), the Financial Bear 3X (FAZ - commentary - Trade Now), the PowerShares QQQ (QQQQ - commentary - Trade Now), New M&I (MI - commentary - Trade Now) and the Financial Bull 3X (FAS - commentary - Trade Now).






 RELATED STORIES

Jim Cramer Blog
Don't Write Off Oil and Gas Stocks
6/12/2009 3:43 PM EDT
Whenever this group looks like it's down and out, it snaps back.

Jim Cramer Blog
You Can Pick Up the Mo-Mo Names Lower
6/12/2009 1:13 PM EDT
Let these hot tech plays come in a bit.

Jim Cramer Blog
Wheeling and Dealing in Tech
6/12/2009 2:30 PM EDT
Keep an eye on this space -- mergers are sure to come.



Jim Cramer is co-founder and chairman 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. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here.

TheStreet.com has a revenue-sharing relationship with Amazon.com under which it receives a portion of the revenue from Amazon.com purchases by customers directed there from TheStreet.com.



Brokerage Partners



Write us!
Order reprints of TSC articles.

TheStreet Premium Services
Jim Cramer
Jim Cramer's Action Alerts PLUS
Now any level of investor can trade right alongside a Wall Street pro — and enjoy 24/7 access to his portfolio! Learn More
Doug Kass
RealMoney Silver
The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More
Don Dion
NEW! Don Dion's ETF Action
A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More
David Peltier
Stocks Under $10
David Peltier is ready to help you find affordable stocks under $10. Because they're so inexpensive, the payout could be enormous! Learn More
Bryan Ashenberg
Breakout Stocks
Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More

Investor Relations | Privacy Policy | Terms of Use | Conflicts Policy | Corrections | Internet Index | Advertise | FAQ
Site Map | Who's Who | Reader Feedback | Employment | Contact Us
RSSSubscribe to our RSS Feed
© 1996- TheStreet.com, Inc. All rights reserved.
TheStreet.com's enterprise databases running Oracle are professionally monitored and managed by Pythian Remote DBA.