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In 2009, It All Comes Down to China

By Jim Cramer

About this article:
So 2009 starts with excruciating decisions right out of the box. We are more overbought than we have been in ages, yet we have tons of bears waiting to be converted. We haven't seen an ounce of good news, but you can't keep the cyclical down -- particularly the oils, but also the infrastructure plays. The techs want to rally -- witness the Nasdaq futures up to their old tricks -- but other than an allegedly clean bill of health from Steve Jobs at Apple , some decent gallop from Google (heaven knows why except for Microsoft share loss, certainly not ad pickup) and a bounce from Research In Motion , we have nothing to hang our hats on. I recommended Hewlett-Packard last night on "Mad Money" because it is so obvious that tech wants to go higher, but that was the only...

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