A triumph of the stocks with no profits in them? I mean, let's face it, the stuff that is working is the stuff that hasn't been working that well. It is also the stuff that has no insider selling.
You can't say that about
. But do you think anyone from the inside is selling
here? Not over
dead body. But then again, the venture capitalists don't own any IBM. It is strong hands, not weak ones.
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We are not leaving tech. We are not about to go buy
. But the next point up might be in Pfizer even as the next 3 points may be down in
. But I like CMGI better.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of the original publication, his fund was long Oracle and IBM. 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