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I am not as sure of the non-dividend-payers, because they are more leaps of faith right now, and oil, the commodity, keeps going down. They probably have to be bought only if we get down to 900 on the S&P 500 and 8500 on the Dow. It is also possible that the Friday morning price, that ephemeral price, could be hit again, a price that is the equivalent of about 8000 on the Dow. More room has to be left for that. Of course, we have some worse earnings report than we knew we had last week. We have a further decline in the Baltic Dry Index continuing to fall at an incredible rate -- hence why the cyclicals have no traction. We have commodities continuing to plummet, all signs of a severe recession. But if you are buying now, you have to be thinking that at some point within the next year these companies will be in better shape, because the industrial economy will begin to reflect some of the money that's endlessly being pumped into the system. It is simply a better time to buy than when we hit these levels last time. Oh, and I am not going back from when I said at Dow 11,000 on Sept. 19 that you should sell 20%, or from last Monday's call that if you need the money for the next five years, you should make sales. I am simply saying that we are getting closer to where we were when we bounced, and we can't be as scared as we were last time, because the European bank plan will make the recession deep but not endless. Pick, as I am, at the stocks that are about at the panic low levels. And then wait for more panic lows. If we don't get 'em, we pass on more buys. At the time of publication, Cramer was long Chevron, Freeport-McMoRan, Goldman Sachs and Morgan Stanley.