Holy Moley! We only have four more business days of this ridiculous month. Then what happens? What happens if there isn't another hugely down day in these next few days? What will go on if the market doesn't capsize in the next 96 hours?
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My bet is we go higher. Oh sure, we have a lot of land mines ahead this week. The
from Chicago could hurt us. So could the
contingent or some inflationary index that probably has
But then we are off to the races as all of those people who feared October put the money back to work.
Could it be this simple, this knee-jerk? Why of course. It always is. Don't outthink this market. It hates October and loves November.
: We have a quorum. That
ad has to go. Amazingly though, everybody likes the plan! This sounds like one of those cases when bad advertising happens to good people.
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