Newsflash: Cramer Not a Bum!
No flies on this one. Lot of stocks doing just fine, thank you, and the market shrugs off the personal computer jinx as if it were an unimportant sector!
This day is a paean to those who would hold onto their mistakes for better days. I was able to escape my
Halliburton
(HAL) - Get Report
and ditch some
Alcoa
(AA) - Get Report
, two positions that I thought that I might develop a Y2K problem about -- and I didn't feel naked without my PCs!
Even that lowly worm, the
Russell 2000
, lifted its slimy, boring head. And those banks. What can I say? This keeps up and the
New York Times
might have to write a story that says I am not a bum! Hoo-hah, pardners!
Random musings:
The curse of
Ron Insana
is broken. He did double duty today and the market rocked!
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At the time of publication, the fund was long Alcoa, but 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.
