Here, Boy

Some days you have to let the market come to you.
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That's better. You let the market come to you. So instead of buying Cisco (CSCO) - Get Report at $96 and then kicking it out at $93 into some bogus rumor, you wait until the bears press, the skittish bulls jump ship and you get great prices.

This war between the bears and the bulls that gets played out at the opening CAN be gamed. This isn't a philosophy or an ideology. It has to do with inventory and merchandise. When the market makers don't have stock, they lift offerings and take it to where the bulls overreach.

Believe me, if the Nasdaq were down big at the opening for no particular reason (as it was up big for no particular reason save

Maria Bartiromo

saying on

CNBC

it was hot) I would be saying the opposite. I would write that there are no real sellers down here -- as there were not in Cisco,

Sun Microsystems

(SUNW) - Get Report

and a bunch of others this morning during the vacuum down.

How do I know this? I worked at one of these firms. I saw it done. It's standard operating procedure. It is not meant to abuse you or turn you off. Nor is it a conspiracy of bears.

It is supply and demand.

I don't want to tell you what to buy, but I sure as heck want to give you insight into how to buy it well. The former is an individual decision. I don't know you and I don't know your tolerance for pain or your capital gains situation. I do know, however, that if you detect certain patterns, the red-hot griddle and then the vacuum, you will make more money whether you are a bear or a bull.

Don't forget, today is the day before expiration. We do have a tendency to undo Thursday whatever happened on Wednesday. Again, it is a tendency. To spell it out in other languages, the two-to-one fave usually wins at the ponies but not always, and when you hit on 17, you tend to bust.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At the time of publication, the fund was long Cisco, although 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 letters@thestreet.com.