If there is a good
Chicago Purchasing Managers report at 10 a.m., these high prices will seem like gifts. There is a frenzy out there as fund managers play the
Buzz and Batch game and make themselves right.
Remember, I made up these two characters because it would be impossible to tell the truth, to get money managers to admit that they are taking up their portfolio to gain performance.
But today Buzz and Butch are alive and kicking. They are doing their thing. You'll see it happen before your eyes.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. 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