360 Degrees of the Market

Editor's Note: In this edition of "360 Degrees," commentators Jim Cramer, Barry Ritholtz, Doug Kass, Helene Meisler and Dick Arms examine the latest market action.

TheStreet.com has always believed that offering a wide variety of opinions and viewpoints -- rather than a monolithic "house view" -- helps readers make better-informed investment decisions. In that spirit, we bring you "360 Degrees."

"360 Degrees" is a feature that takes advantage of our varied stable of contributors to RealMoney, who offer analysis of stocks and the markets from all angles -- fundamental vs. technical, short-term trader vs. long-term investor.

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We End With the Worst of Both Worlds

By James J. Cramer

This was originally published on RealMoney on March 2 at 3:41 p.m. ET.

Pathetic by both bulls and bears. We didn't take out the lows of the week. But we couldn't rally either. No man's land means nothing ventured.

It is possible that you could argue that we had the V-bottom yesterday and a successful retest of the convoluted lows of Tuesday.

I wonder whether, though, the crescendo on Thursday was a false one, a machine-orchestrated crescendo, this time positively unlike Tuesday.

I am putting the odds of that being the case at 50-50. Believe me, it would be higher if we were more oversold.

I think that we will be oversold enough by the middle of next week to form a more important bottom than anything that the machines could pull off.

Until then, expect more of this whippy action. And batten down the hatches.