So a weak number tomorrow and we are off to the races. An in-line number and we are, well, in semi-rally mode. And a bad number and it confirms that we have to go back and retest and do some other awful things.
are split internally. I am thinking that if it is a strong number you can still buy tech, at least on weakness, because the reason tech really went down on the
CPI was because that was the day
blew out of tech. Tech didn't sell off on a strong
, my partner, thinks that is too glib and that we will have to retreat to our pillboxes -- literally and figuratively -- until we finally get a soft number. Or until we get a 50-
basis-point raise and the
takes the summer off.
A quick poll:
Have you stopped buying CDs because you can download them online?
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. 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