This column was originally published on RealMoney on March 1 at 12:56 p.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
OK, we all know the negative scenario. Let me give you what the bears should worry about.
The fact that we recovered from down 200 will encourage Europe, where the markets are better, to be up 1% to 2% tomorrow as the buyers come in and take advantage of the decline.
When you get Europe strong, you may have an up opening that doesn't fail.
Then you could have a situation where the bears try to knock the market down and they fail. Or you have short-covering on Friday afternoon, an old pattern for bear markets.
That this good scenario could occur cannot be ruled out, if only because today was a day where if you
, you know it was wrong.
If that's the case, there's still plenty that works:
Bank of America
. All of these make sense here.
So do the stocks that are in the drilling complex.
is down since it announced its buyback!
has pulled back big.
I'm just trying to get the long side your attention now that the bears have not been able to send the market down very strongly since the morning V bottom.
Oh, and for you technicians out there, we did hold the levels that we hit the other day.
That matters, too.
At the time of publication, Cramer was long Altria, Halliburton and Transocean.
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
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