We are picking. We just bought a little General Electric (GE) - Get Report down and some LSI Logic (LSI) - Get Report. We used the weakness in Yahoo! (YHOO) to get in some more. We know the Fed was tough; we expected it. We also bought some softies like Avon (AVP) - Get Report and Colgate (CL) - Get Report. And we tacked on some Microsoft (MSFT) - Get Report, PMC Sierra (PMCS) and JDS Uniphase (JDSU) .

Nothing big -- they wouldn't let you in for anything big. But enough to get some more exposure. We think we will need it as the rest of the news this week should be pretty benign.

Random musings:

Getting ready for the rematch of my Yahoo! chat with Bill Fleckenstein at 5 p.m.

Be there!

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long General Electric, LSI Logic, Colgate, Microsoft, PMC Sierra, Yahoo! and JDS Uniphase. 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

jjcletters@thestreet.com.