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This post first appeared Tuesday on RealMoney. Click here for a free trial, and enjoy incisive commentary all day, every day.

Let's cut to the chase. I sit here pretty much every day these days and try to explain why stocks can go up and have gone up. It is a totally unenviable task. I have to deal with the shortfalls as if they are


shortfalls. I argue with the pundits when I see data and I think it is positive, because I believe my eyes, not my ears, which say the data is terrible.

It is beleaguering. Beyond belief.

Let me give you some examples of the struggle.


(AAPL) - Get Apple Inc. Report

. Before the tablet came out, when the company first revealed the name of it, the iPad, the catcalls were incredible. Amazing, even. "What was this superfluous device, something no one needed because we had smartphones and netbooks? Why did we need this gizmo? Who would possibly get it?"

Now, less than a few months later, the possibility of selling 40 million iPads -- that's right, 40 million -- may be in the cards if the company can simply make them to meet worldwide demand. Where are all of the people who laughed at the device? Where are all the snickerers who told us that the hype was a good reason to sell the stock? How can they get away with it? And yet they did.

Exhibit B: Also Apple. Not that long ago there was an issue with the iPhone 4's antenna. The media and the shorts were everywhere saying that this antenna was the iPhone killer. When Steve Jobs refuted it directly, people dismissed him. We were all supposed to see this dramatic decline in sales. What did I do?

I urged you

to buy deep-in-the-money calls here. I came on TV, after hours of hearing what a disaster this was for Apple, and I said that it wasn't even an issue. A nonissue. I was greeted as if I were from Mars. Where are the people who said this? Where are those who called me out or mocked me? What happened to them? How can they get away with it? And yet they did.

Now, let's go conservative. Not that long ago, when


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was in the mid-$20s, I said that this company could raise the dividend many times and that it has humongous cash flow and was well run, and that FiOS would be terrific. I was inundated with people who told me the balance sheet was in tatters, that it was all lies, that I was drinking the Kool-Aid. I was right: The dividend keeps going up, and as the retiring CFO, John Killian, said on my show last night, the cash flow is exploding from all of the wireless business, which he says is in the early innings. How did the critics get away with it? And yet they did.

Or just take


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. Universal outcry that it was a terrible quarter.

I said it was totally on plan, and I was greeted with that same level of skepticism and contempt. Now the stock is about to take out the level it was at before the quarter. $10 billion buyback. How did the critics get away with it? They are still doing it!


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may be down today and


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may have been down when they reported, but I highlighted them as accidental high yielders that were buys when almost everyone despised them. I stuck my neck out 50% ago on


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saying that its dividend was safe. Eaton and DuPont have since boosted their dividends and I expect the same from CAT. Where are the people who said the patent cliff would be too high for DuPont, or said that Eaton had overpaid for some European business, or that CAT would be a casualty of China or U.S. infrastructure or European weakness? Crickets.

Or how about the euro? When the Germans and the French decided no more short-selling when the euro was at $1.18 against the dollar, when the IMF came in to save Greece, it was a terrific time to buy ... just when the press pronounced the euro dead and the pundits decided that the IMF was a paper tiger.

Or consider real estate, the

iShares U.S. Real Estate

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, which I have championed despite the endless downbeat stories about commercial real estate. The


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in the face of what was supposed to be bad back-to-school and now bad holiday season. Or gold, where the shorts have been legion and the "overvalued" chatter never ends. Where are the critics and the short-sellers? Why aren't they talking?

Why aren't they acknowledging that their black-and-white thinking was dead wrong?

Or the two biggest stories that I have fought the backlash of:


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(NFLX) - Get Netflix, Inc. Report

. Do you know that every time I said good things about these two, I was told repeatedly that I was simply a shill for the bulls and that I was recommending ridiculously rich stocks that would be my downfall? "My downfall." How many times have I heard that one? Where is the downfall of those who thought these stocks should be crushed? Why don't they have Waterloos?

So, when I say that the housing data isn't that bad -- that in many ways it is in fact good -- when I say that

Bank of America

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will ultimately be fine and the stories of its mortgage-based demise are vastly overblown, when I say that


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is cheap or that

Wells Fargo

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has bottomed, I know that there is more ridicule to come.

I am not immune from being too bullish on situations. I liked

Cirrus Logic

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at $11 and liked it again at $18. That was wrong. I thought that


(INTC) - Get Intel Corporation Report

was good at $22. That was wrong. I thought that


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was safe to own at $58. That was wrong. I liked


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; that was wrong. I thought



would have its most recent drug for extended diabetes care approved by the FDA. That was wrong. But I have gone out of my way to chastise myself and explain why I was wrong, and I have owned these mistakes. I have worn the Post-it. I have done whole shows about atoning for these errors.

Do you know in every single case, though -- in every one -- it would have been far easier to be a bear. In Netflix. In Chipotle. In Apple, In IBM. In Verizon. On the data. Bears answer to no one. They don't have to explain. They can stay negative or interpret every piece of data that comes out as negative. They can blast away. They can say that because I didn't get off Cirrus or liked Cree after it had come down big, I am no good and that I miss more than I hit.

But my point here is that the bull case almost never gets made. And it doesn't matter. It's just on to the next piece of data that will be viewed as negative. It is on to the next set of earnings that aren't good enough. It is on to the next set of overvalued securities or commodities or whatever.

Of course if the Dow goes down 100 points, then I am "wrong" and the bears get their last laugh. Again. They laugh and they laugh.


Or are they just pontificating? And doesn't that matter? Have the critics gotten away with it?

You bet they have.

At the time of publication, Cramer was long Apple, Bank of America and Intel.

Jim Cramer, founder and chairman of, writes daily market commentary for's RealMoney and runs the charitable trust portfolio,

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. He also participates in video segments on TV and serves as host of CNBC's "Mad Money" television program.

Mr. Cramer graduated magna cum laude from Harvard College, where he was president of The Harvard Crimson. He worked as a journalist at the Tallahassee Democrat and the Los Angeles Herald Examiner, covering everything from sports to homicide before moving to New York to help start American Lawyer magazine. After a three-year stint, Mr. Cramer entered Harvard Law School and received his J.D. in 1984. Instead of practicing law, however, he joined Goldman Sachs, where he worked in sales and trading. In 1987, he left Goldman to start his own hedge fund. While he worked at his fund, Mr. Cramer helped start Smart Money for Dow Jones and then, in 1996, he founded, of which he is chairman and where he has served as a columnist and contributor since. In 2000, Mr. Cramer retired from active money management to embrace media full time, including radio and television.

Mr. Cramer is the author of "

Confessions of a Street Addict

," "You Got Screwed," "Jim Cramer's Real Money," "Jim Cramer's Mad Money," "Jim Cramer's Stay Mad for Life" and, most recently, "Jim Cramer's Getting Back to Even." He has written for Time magazine and New York magazine and has been featured on CBS' 60 Minutes, NBC's Nightly News with Brian Williams, Meet the Press, Today, The Tonight Show, Late Night and MSNBC's Morning Joe.