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Let It Rain

By Jim Cramer

About this article:
Let it come down. We have no catalysts besides money in and that can't go to work until after the options hangover. We are still too far away to be marked up. You can't do much here at all other than watch oil until it gets to some level where things bounce and be aghast at how much money is in the nat gas and oil trade -- when those reverse, it will take away the gains so quickly that you will wonder why you ever left General Mills and Pepsi! Oils will be overdone when oil goes to $60 to $65, but there is no hurry there either. Just let it rain until later today, and then we can examine it all again. At the time of publication, Cramer was long Pepsi and General Mills. Know What You Own: Other consumer goods companies include Unilever, Kellogg, Campbell...

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