Jim Cramer's Best Blogs

That's what happens when you are in it only for valuation and there aren't any product cycles to stem the tide.

I have heard tech praised endlessly this year, and yet it has done nothing. I think it is about to do less than nothing right now. I think it is going down.

Sure, IBM(IBM Quote - Cramer on IBM - Stock Picks) will keep hyping its stock, and I don't think HPQ is doing badly. How low can Texas Instruments(TXN Quote - Cramer on TXN - Stock Picks) go? It is so long-term cheap. Nokia's(NOK Quote - Cramer on NOK - Stock Picks) having a decent quarter. EMC's(EMC Quote - Cramer on EMC - Stock Picks) quarter is OK, but it does have VMware(VMW Quote - Cramer on VMW - Stock Picks), which, unfortunately, is not doing that well despite the hype.

But they can't exist in a vacuum. There's not enough here to warrant further rallying.

I want to be careful of this group. The negative pin action could be swift and there is no great secular trend, like food shortage or oil or ethanol or Chinese building to keep things rolling along.

Random musings: If Kerry Killinger stays on when TPG does the recap of Washington Mutual(WM Quote - Cramer on WM - Stock Picks), I would short the stock.

At the time of publication, Cramer was long EMC.

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Why Can't Anyone Say 'No' to a Terrible IPO?

Originally published on April 9 at 9:04 a.m. EDT

These big pools of capital never stop with their hubris. Here we are, choking on so many ill-fated deals brought about by so many private-equity firms, and what happens? Apollo Management files for an IPO.

Only on Wall Street does no one say, "Wait, that's just ridiculous, you can't do that now. You can't. It is absurd. You are so a part of the problem. You are part of what went wrong. You simply can't do this now."

Of course, they missed the window that Blackstone (BX Quote - Cramer on BX - Stock Picks) and Fortress Group (FIG Quote - Cramer on FIG - Stock Picks) crawled through, where there were great gains on the IPO and then ever since, like a dot-com, it has been nothing but pain.

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