Gee, of all of the thoughts I had about today the one I didn't count on was that it would be boring. Incredible. It looks like people took the weekend to think about what to buy, not sell.
But the buying is pretty orderly and institutional. It is eerily like the market that used to be dominated by TSEL, The Stocks Everybody Loves, like
We seem to have reverted to old tech that is seasoned and trades in well-established patterns.
Looking for good news: Stocks that have a ton of selling are holding up well. So far, so good.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Cisco, Intel, Oracle and EMC. 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