TheStreet.com RealMoney

Could Have Been Worse

By Jim Cramer

About this article:
Light volume, but it hurts. I still think today was about the market being above key levels coming in, and it was due, and we know that it is expiration week and stocks had to get to their strikes. I have to tell you that I thought the selling would be heavier. I thought that they could could kill 'em more, that Apple and Research In Motion would go below the strikes. Amazon, which traded down to $81, bounced ferociously. I am convinced that those stocks should have gone down and stayed down. They didn't. To me, as a bull, that's hopeful. They led us down. They bounced. I have said all day that I am taking my cue from them. They succeeded, not failed. Should have been worse. It wasn't. At the time of publication, Cramer had no positions in stocks mentioned. Know What You Own:...

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