TheStreet.com TV Recap: Fed Cut Chopped

 

On the tech side, he mentioned Xilinx (XLNX Quote), National Semiconductor (NSM Quote), Oracle (ORCL Quote) and SAP (SAP Quote) as all performing poorly.

Despite that, "I still think tech is the place to go because you have a data point," Cramer said, adding that he believes it will be a "gadget Christmas."

Technology as a whole is still not necessarily right, Cramer said, although he still called it the "go-to group" right now. He said he is monitoring Research In Motion (RIMM Quote) now.

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At the time of publication, Cramer had no positions in stocks mentioned.

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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