TheStreet.com RealMoney

This Market Can Still React

By Jim Cramer

About this article:
Now that's more like it. All day we have heard that nobody cares about the good news. But now the averages are showing otherwise. We have some terrific action in speculative stocks that deserve to be speculated on. The rally in Advanced Micro Devices makes a ton of sense because there is a big cyclical move in tech, as I pointed out in my series that I hope you will comment on. We also have some sort of old-days pin action:: witness the runs in General Mills and H.J. Heinz as consolidation is in the air. Then, out of nowhere, Schlumberger's Andrew Gould comes out at and says that he expects some more big deals in oil services. That means Baker Hughes -- BJ Services may not be such an outlier. And, alas, the trannies have at last turned green. I still believe that this market has participants who want...

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