Real-time hell. I am thinking to myself something has changed. The
are back in that 10-point rally mode that has been largely missing since the top on March 10.
That's a signal that the big-money buyers are back. These are not short squeezes. They are real, persistent buyers.
But then I am thinking, Let's see, I file this piece, and you see it at 2:15, and the
says something negative that knocks these stocks down 5 points and I am looking real stupid.
Nonetheless, we don't think it will say anything drastic. And if it does, here's the old million-dollar game plan:
We are buying the Fed-generated weakness if we are lucky enough to get that weakness
-- which, by the way, I don't think we will get.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long PMC-Sierra. 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