TheStreet's Jim Cramer asks why the markets are so buoyant when we have all of these problems in Russia, things aren't doing as well in China as investors heard from Caterpillar, and the Fed is considering tapering. Why did the markets stay high? Cramer thinks it is because people are always trying to come up with the next big short idea. Given that the last war was won by the shorts, Cramer thinks the hedge funds, since they make so much money and take such big bets, as the bets don't come in, like betting against Herbalife, Russia, Europe, or the S&P, people have to capitulate. Cramer says "to be aware that underneath everything that seems to be going right, is a short that has gone wrong."

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