Could there be a Friday ramp? We haven't seen one of those in a long time, but after a week like this anything can happen.
, our glamorous head trader, thinks we could see one. He has been goading Tired
and Tired Jim into playing the Friday afternoon massively to the long side.
We are too tired to bite.
But I am eager too, as I sense an encirclement battle brewing in the hitherto-dead
. Lots of bears caught out on the steppes of Microsoft and plenty of bulls always willing -- despite the tremendous legal uncertainties -- to get a late Friday entrapment going.
Result, we play a potential ramp small -- we hate making these big calls, especially when we are tired -- and we wait for the weekend. We figure
might have updated cash-burn figures for the dot-coms. (Hoo-hah!)
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Microsoft. 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