
Positive Signs Get Buried in the Media

By Jim Cramer
About this article:
The most positive thing one can say about this market is that oil is down and we are up. In Ron's piece this morning, he talked about the debilitating linkage between higher oil prices and lower markets now ending. As it is obvious to people that $2.30 gasoline -- or lower -- could be in the offing now that the oil manipulation is over (why can't the defenders of these markets ever admit to that manipulation?), you could see a resurgence of the employed consumer. Looks like Ron's going to be right, and his piece this morning is spot-on, even as oil has been attempting to rally all day.
Think about the employed consumer. And never forget that when unemployment goes to 11%, that means 89% are unemployed. The consumer is benefiting from the end of the gas tax -- again, rates to 5% -- affordability...

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