Wireless and semiconductors. Now they come back hard and they come back quickly. They come back because
they have earnings and they have momentum
Sure some of the other stuff is coming back, too, but the concentrated buying in these areas could mean that we are in good shape off the bottom on these two groups.
Can you press them up here if you missed the bottom? Oh boy, this is why we use scales. We "legged in" to these stocks and can't think that buying
up 15 is the way to make a buck.
But selling up 15, now that's more our style. This market loves pullbacks. This train has left the station. Wait till it comes back.
It is amazing how
has just lost it. We hold on, but Mister Softee acts like the refrigerator unit on the ice-cream truck has broken. I don't think it comes back shortly, despite what the pundits might say.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Texas Instruments and Microsoft. 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