Don't Let Mortgage Mess Cloud the Opportunities

Stock quotes in this article: C , TXN , NSM , XOM , WMU  

Battlegrounds can be dynamite places to play, if you are playing with paper. Isn't Accredited Home Lenders (LEND Quote) a coiled spring if it can produce its 10-K? Isn't it a dead duck if it can't?

That's the kind of thing that inspires fear only, and is a sideshow to the multitude of stocks going higher.

I just don't want to get confused about the main chance.

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At the time of publication, Cramer was long AIG, Transocean and Goldman Sachs.

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. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his 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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