Market Hitting a Technical Floor By Jim Cramer About this article: The technicals are kicking in. The market's having a hard time going down, simply because people want to hold back and see what Obama says, and because it's difficult to bang stocks lower for now if you might be selling a Home Depot, where things aren't that awful, or a ConocoPhillips, where the dividend has gotten too large. This is the AT&T/VerizonVZ conundrum: They held here last time, maybe they can hold here this time. It is also the triage component: Morgan Stanley, Goldman Sachs, Visa and MasterCard are your chosen winners in finance. Pepsi, General Mills and Coca-Cola are too late to sell. And we are also at a moment when people feel that some stocks are just oversold: Johnson & Johnson, Qualcomm, Abbot Laboratories. Whatever, it is driven by the absence of selling, and it's working and can continue to work, as Helene Meisler's work shows. At... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.