Holy Cow! This Tape Is Just Rockin'!

At heart, Cramer's a homer and a bulls fan, of sorts.

Author:: Jim Cramer
Publish date:: Jan 26, 1999 3:52 PM EST

Are the guys on the tube watching the same market I am? Heck, this tape is just exploding, and it is all the usual faves that are doing the talking.

Soft

(MSFT) - Get Report

up 9,

AOL

(AOL)

up 7,

Cisco

(CSCO) - Get Report

and

Intel

(INTC) - Get Report

ramping. Not just tech:

Gap

(GPS) - Get Report

doing great,

P&G

(PG) - Get Report

up a couple. This tape is screaming.

One of the reasons I wanted to start

TheStreet.com

is days like today, chock full of action, some real craziness (

Qwest

(QWST)

opens up despite the downgrade by

Lehman

Merck

(MRK) - Get Report

opens down despite the good quarter, AOL barely opens up despite the explosive numbers!). I always thought the TV guys and the papers handled days like this just like it's another day.

Hey, don't get carried away, that advance-decline sucks.

Or,

Wait a second, you can't whistle past the Bovespa like this.

Or,

If the market is so great, how can Service Corp. (SRV) - Get Report be down?

As someone with a predilection to own stocks, I always regarded days like today like that season when the

76ers

just about went four, four, four -- yeah, the year

Moses Malone

(there was a Malone before the

Mailman

) made us all proud. I would be all fired up, yelling at the TV, saying why aren't the announcers more excited (like they were with the Flyers, for instance)?

So that's why I have to do the shouting around here. I CAN'T BELIEVE THIS TAPE, IT IS JUST ROCKIN'.

There, I said it. What would it be like if these TV guys shared my enthusiasm? Sure, it would be deadly on down days, but these days you can't tell the difference between the bad games and the good ones.

Guess at heart I am a homer.

James J. Cramer is manager of a hedge fund and co-chairman of TheStreet.com. At the time of publication the fund was long AOL, Cisco, Intel, Microsoft and Qwest, though positions can change at any time. 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 a letter to TheStreet.com at

letters@thestreet.com.