Sellers Reluctant to Hit Bids

Can we admit that disappointments in high-profile names International Business Machines (IBM - commentary - Trade Now), Bank of America (BAC - commentary - Trade Now) and General Electric (GE - commentary - Trade Now) did very little damage? Can we come to terms with the idea that these three companies, spanning so much of the globe and so many industries, in the end did not provoke a fall, despite how overbought the market is (the most it has been in months)?

Oh, and as much as I like Google (GOOG - commentary - Trade Now), it shouldn't have been able to offset these three big companies.

Once again, the sellers were simply reluctant to hit bids. They either sat on the offered side when we had one of those mini-rallies up, or they didn't appear at all.

We just capped another amazing week, one where we should have had at least big down day.

Just didn't happen.

At the time of publication, Cramer was long Bank of America.

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At the time of publication, Cramer was long Bank of America.

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