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This pattern is getting a little obvious. They fade the opening and then you get your chance. You had my

game plan, I hope you used it. We did.

Now we are holding on to what we bought after the fade. And we are looking for things that have been so trashed, like



, that we bought some for safekeeping.

This market has some spring today. Enough to allow some people to get liquid. Enough to tantalize.

But what are we really sinking our teeth in?

The drugs and the semis and the networkers, which are being punished severely for the woes of



. We want all three.

What a time.

James J. Cramer is manager of a hedge fund and co-founder of At time of publication, his fund was long Ariba. 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