Something about politics and
that really grinds trading to a halt.
We've been watching the tube like everyone else, with the market but a sideshow. Just as well. There is nothing to do.
Yesterday, when the NDX was ramping, we figured that the 3:30 p.m. mutual fund buyer would come in and move the NDX up another 40 points.
Hey, good call. That was right.
Now we have the NDX down 64 points. Unless the 3:30 p.m. fund decides to take a three-and-a-half day weekend, there will be an excruciating moment this afternoon, perhaps during the Insana-Favors crosstalk. At that moment, when Favors reads the road maps with Insana, the NDX blasters might come to life and give us a chance to buy lower.
In the meantime, getting some Valentine's Day presents and flowers for the TG. Darn
really has this one wired, doesn't it!?
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. 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 by sending an email to email@example.com.