Cramer: Short-Seller's Paradise

In fact, anything industrial can be shorted at will if you want to, and then knocked down if you want to. The companies are pretty much helpless and the earnings will be awful. Same with tech, the difference being that the analysts are endlessly willing to recommend them.

That leaves the depression stocks, foods and drugs, and they can be shorted on strength. So, it is a great short-selling litany no matter what.

However, the bill does address the fundamental problems of house price depression and credit creation and so therefore, again, unless you are short, that's a good thing.

I mention all of this because when I write positively about the bill I am mistakenly seen as someone who thinks the bill is a cure-all.

I think the bill just forestalls the Great Depression Two, which is a terrific shorting opportunity.

Without even more tools, lower rates -- which may not help much but which don't help if you are short -- better FDIC protection and a change in the fortunes of our trading-partner nations, which seem to have vanished, I will recommend shorting on strength until prices get so absurd that shorting becomes tough, and I believe we are almost there for some stocks.

So, now you have my perspective. I hope by reversing things and explaining what you want if you are short, it helps to understand the context of my as-usual misinterpreted words. And are there better plans than the bill? Of course. If you are short, you want them back on the table so the bill is delayed.

So, twist away at the words, but the bottom line is if you are short and you want to stay short, the passage of the bill might be a short-term bummer for you because it goes toward eliminating the systemic risk that has made this market the short-sellers' paradise even with the SEC's silly short ban, which might come off tomorrow. It could, because Chris Cox is a great friend of the shorts and has done their bidding until the moment where he switched because Goldman (GS Quote) and Morgan Stanley (MS Quote) were going to go out of business and John McCain called for his firing -- he is nothing if not a political hack willing to bend when the big boys come a-calling.

At the time of publication, Cramer was long Goldman Sachs, Morgan Stanley and JPMorgan.