Editor's Note: James J. Cramer's column runs exclusively on RealMoney.com; this is a special free look at his column. For a free trial subscription to RealMoney.com, click here. This article appeared on RealMoney earlier today.
Always someone disappointed. Always an opportunity created. That's how it's been for all but one or two of these
cuts, and this one is no different.
To me, it is an opportunity to pick -- and to buy on the way down.
It is the big, bad event that is out of the way, and now we can breathe deep and pick at the wreckage created by someone greedier than we are, who is on more of a hair trigger.
There's nothing more to this and nothing less. It's just an opportunity to bid for stuff that's coming in.
Because it isn't all that bad.
James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made.
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