TheStreet.com RealMoney

Longs On the Wrong Side

By Jim Cramer

 About this article:
 The longs are just on the wrong side right now. When you get that kind of opening, at the beginning of the year, where everyone who buys anything is wrong and losing money, and funds are down a percent to two percent from the get go, you get very dispirited. But that's the way of a market with nothing going for it right now. That's right, nothing. I read many of the pieces that came out yesterday about things that are happening, good earnings, good profits, good buybacks. But I found myself thinking that the only things I want to buy are really beaten-up internationally oriented techs and really beaten-up health-care stocks, with the idea that inflation isn't raging and the economy's slowing enough to make the CVS' and the Mercks and the Scherings look good. Instead, I got my head handed to me. I know that the total...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
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.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




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.