Editor's Note: James J. Cramer is the keynote speaker at the 6th Annual Internet and Electronic Commerce Conference and Exposition, held today at the Jacob Javits Center in New York City. We're running the full text of that speech here.
Stocks haven't fallen off a cliff.... What gives?
It's just no longer the opportunity on weakness it once was.
Cramer reflects on why keeping cash on hand is a good thing and also explores the lack of any conviction to the downside.