There's Always a Bull Market

Editor's note: As a special bonus to TheStreet.com readers, we will be running an updated version of Jim Cramer's "Twenty-Five Rules of Investing," from his latest book, Real Money: Sane Investing in an Insane World.. Here's Rule 25.

I like to end every television and radio show I have with this signoff: "There is always a bull market somewhere, and I will try to find it for you." I say that because it's true.

Something is always working! Maybe it's gold, so you buy best-of-breed Newmont Mining(NEM Quote). Maybe it's oil, so you buy some Halliburton(HAL Quote). Maybe it's the chemical complex, so you pick up some Dow Chemical(DOW Quote). I've seen moments where the only stocks in bull mode were in your supermarket or your medicine chest, stocks like Anheuser-Busch(BUD Quote) and PepsiCo(PEP Quote).

Now, I know that might mean you have to do some trading. It might mean that you may have to look further and harder than your time and your inclination allow. That's OK, too. What matters is that you don't simply default to what's in bear mode because you are time-constrained or intellectually lazy. ...