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And at the bottom of the second inning, it's Margin Clerks, 4; Leveraged Investors, 0.

You saw it. They tried to rally off the bottom, got them back to even, and the mutual funds and traders made small sales to get a little more liquid. That caused the rally to stop, which then brought out the margin clerks again. What a drag. And we get hit again. The rhythm of this buy 'em/sell 'em/buy 'em will become clear eventually. In the meantime, understand that people want to be liquid and want liquidity, which means rallies get sold, but selloffs get bought because there is money around to buy.

We are buying this margin-related dip, going into the most liquid stocks. We are sick of trying to navigate the

Exoduses

(EXDS)

of the world, where it looks like a buy down 12 but when we go to buy it, we move it 5 points to where we wouldn't be interested in it.

That means we like

General Electric

(GE) - Get General Electric Company Report

down and

Intel

TheStreet Recommends

(INTC) - Get Intel Corporation Report

down, but you are going to have to trade

Kana

(KANA)

and

i2

(ITWO)

today -- even if they go up! We can't maneuver in those markets.

What the heck. Business as usual.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Exodus, General Electric and Intel. 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.