"Why are you leaning positively toward the market?" "What makes you feel more bullish?" "Why do you seem to like it here?"

I'm getting one of these queries every hour right now. Remarkable. People don't want to like this market. So why am I so positively inclined? Here's a check list of positives.

    The deal calendar has dried up, so there is no new supply. That's a godsend. It allows cash to build at the mutual funds. It makes it so the funds don't have to sell something to buy something. The deals that have been priced are working. AT&T Wireless (AWE) worked big, despite tons of worry that it wouldn't. Global Crossing (GBLX) is getting back to where it was before its failed deal. These are bullish, not bearish, signs about supply and demand. The market weathered the crash of Soros. If you look back at the history of the market, it tends to do better after one of these big pools of capital blows up. It does so because the forced selling from the funds ends. Some weaker data. I am sure people who read this site are thinking I am crazy to think that the consumer could slow down at all, but I think he has. Just a touch, but the velocity of spending -- not the direction -- might be selling. We are coming into a stronger seasonal time. I always make a lot of money in May. Earnings are fine. Companies like AT&T (T) - Get Report are outliers. Most of the companies we deal with are screaming!

You don't need much more than that to get me into this market.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long AT&T Wireless. 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.