Clean Up Your Mess!
Thanks for the gift! Yep, bears coalesced at the beginning of the morning off the "I don't know about
Intel
(INTC)
" downgrade to puke up a bunch of faves, including just about every
B2B
name.
How thoughtful.
Join the discussion on
Cramer's Latest, go to the
Red Hots Forum
, or visit our
B2B Forum
TheStreet Recommends
.
It is hard to buy these stocks without these worries. And you have to buy them when you can, not when you have to. This morning was one of those "you could" moments.
And we did.
Remember the end-of-the-year dynamic? People who work at mutual funds want to show they own these. They want to show they know B2B. They want to show they know what is
Red Hot.
So, any decline will probably be used like this decline: as an opportunity.
Random musings
: Can you believe this crazy
Nokia
(NOK)
? Talk about a gift! This is the one that keeps on giving. Slaughtered overnight, it comes back roaring during the day like some sort of invincible cartoon character. Beep, beep!
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Nokia and Intel. Cramer's fund also may be long or short certain stocks in his B2B rotisserie league or Red Hot index. 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.
