feels like a terrific


offense. Today, it looked like it was going to be thrown for a loss, with tech causing the fumble. Now, as I write, I see good leadership from tech, banks, drugs and the cyclicals. That's like a good running, kicking and passing game with nice defense -- a solid bond backdrop to boot.

For me, there are certain tells of health that I love to see and I am seeing them today. For example, I love it when I am long the market and

General Electric

(GE) - Get Report

goes higher. GE is the quintessential cyclical and financial -- two, two, yes two good tells in one. Today, it has gone to new highs.

When I first got started in this business we used to watch

General Motors

(GM) - Get Report

. If GM hit a new high, it was the perfect bellwether for the future performance of a lot of stocks. GM was that important to the market. GE is like that now. I like to see the brokers hitting new highs, too, as they are perfect leaders. They are screaming today. Of course, I don't want the tech leadership going against me, and it isn't. And while I am not a huge believer in watching the transports, the fact that they are doing fine is a positive.

Does this all mean Dow 10,000 today? I hope not. I pledged to go on


if we get it, but I am expected home for dinner. I know, dinner at home doesn't fit the

Darth Vader

image, but it is something I like to do.

Random musings:

Don't you love how people have twisted


words into a tirade against "trading"? It isn't trading he regrets, it is selling; he needed to be longer better-performing stocks, including some he let go. And where are those silver bulls he created?

James J. Cramer is manager of a hedge fund and co-founder of At the time of publication, the fund was long General Electric, but positions can 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 by sending an email to