A Peek Inside the Trader's Foxhole

The shooting starts early in this market, and Cramer's watching the Street go positive.
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"Take Exodus (EXDS) . Come on, take it. I don't care. I don't care if it is up 8. It is right. They raided it down, and now they have to pay the price. Take it and bid it."

Yep, welcome to my foxhole. We are firing right now, unleashing a furious barrage of before-market orders on stuff that we think

won't

go down because of

Dell

(DELL) - Get Report

. We used to have to wait until everybody came in and started playing. No longer. The shooting starts early and stays open late.

Join the discussion on

TSC

Message Boards. If these bonds don't reverse, we could be in for some real fireworks today as the Street is out in full force trying to stop the decline in tech right here in its tracks. We are joining them with real firepower, training our guns on foreign Net tech as well as the financials.

And we are watching that 38-and-change offering disappear in Dell as the whole Street goes positive! The shorts seem to be panicking and bugging out to the rear.

We are not alone. Enfilading fire from the bulls all over the Main Line of Resistance this morning.

Back to my foxhole.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Exodus and Dell. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at

jjcletters@thestreet.com.