The Fear Is Here
They just got to
Sun Micro
(SUNW) - Get Free Report
. That stock reminded me of the Beau Geste fort in Zinderneuf -- Sun Micro looked like Gary Cooper. Or maybe Robert Preston. Now it just feels like Ralph Meeker in
Paths of Glory
.
About to get shot for crimes it didn't commit.
Or maybe that Jim Morrison book
Nobody Here Gets Out Alive
.
Lots of people sucking in deep breaths. Lots of people trying hard not to listen to
Ron Insana
. Lots of people eyeing the knife that just sliced through the 3250
NDX
level.
Fear. Griping fear.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Sun Microsystems. 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.