This column was originally published on RealMoney on Sept. 30 at 11:56 a.m. EDT. It's being republished as a bonus for TheStreet.com readers.

The pressure on the S&P keepers must be enormous. They had put out subtle words that say you can't be in the S&P 500 if you have too much float controlled by a few people. That kiboshed hope that Google ( GOOG) could be added.

But then Google does the biggest secondary of all time. There goes that excuse.

Now, it's test hour for the S&P. Are the keepers going to continue to try to say that the index is representative without a $90 billion company that is going to earn $7 a share next year and has a hammerlock on lots of commerce? The idea that a Tribune or a Knight-Ridder is in without Google seems a little absurd when you think about it.

Tomorrow G goes away. That's right, the Gillette ( G) deal with Procter & Gamble ( PG) closes. A $60 billion company comes out of the S&P. The moment is at hand. This is a godsend to the keepers, a gigantic company comes out, with lots of cash, so a new company can come in and it will roil the market much less than it would otherwise. Plus it is the end of the quarter.

Fortuitous.

Will the S&P keepers respond?

I think so.

Still one more reason, albeit short-term, to own this stock.

P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.
At the time of publication Cramer was long Gillette.

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. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS by clicking here. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.

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