
Tech Must Catch a Bid

By Jim Cramer
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So we bounced off the low, and it "feels" decent. I can see that we are exhausted in selling, yet any rally, as I have said over and over again, has to have more than commodity leadership, and all we have today is oil and materials.
In the meantime, out of nowhere we have lost tech. Google under $300? Advertising must be getting still softer. A JPMorgan analyst is out with a call of Apple's weakness, and that stock is real rich, even excluding the company's cash position on number cuts. Also, Hewlett-Packard's getting crushed, Research In Motion's is giving it up again.
Without these or the financials, we only get afternoon short-covering...

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